Found 1 blog entry tagged as Illinois housing market.

If you’re waiting for home prices to fall before buying in the Fox Valley, including Geneva, St. Charles, Batavia, or Elburn, you’re not alone. It’s one of the top questions local buyers are asking right now.

Home buyers exploring homes for sale in Geneva, Illinois as Fox Valley prices remain steady in 2025Here’s the truth: prices aren’t expected to drop in any meaningful way. While national headlines talk about cooling markets, the data in Kane and DuPage Counties tells a different story. Inventory remains low, often around just one to two months of supply, meaning there are still more buyers than homes available. That keeps prices steady, and in some neighborhoods, still rising.

Interest rates have cooled demand slightly, but motivated buyers are finding opportunities that didn’t exist a year or two ago, such as fewer bidding wars and more…

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