Northern Illinois Real Estate Videos & Market Updates

Thinking about buying a home in Geneva, Illinois in 2027? Geneva is one of the most desirable communities in the Fox Valley, but buying here is not as simple as watching the average home price and waiting for the “perfect” time. In this video, Kris Kombrink with The Kombrink Team at One Source Realty breaks down six mistakes Geneva buyers should avoid, from understanding the market you’re actually competing in to property taxes, mortgage payments, negotiations and inspections. We cover: • Why Geneva is really several different real estate markets • Why a Geneva mailing address doesn’t always mean the City of Geneva • School districts and boundaries, including Mill Creek • What your property tax bill could really look like after closing • How mortgage rates affect your true monthly payment • When Geneva buyers have negotiating leverage • Radon, historic districts, flood zones and inspections If you're thinking about moving to Geneva, the goal isn't just to find a house you like. It's to understand exactly what you're buying, what it will cost each month and where you actually have leverage.

The Fed raised the Federal Funds Rate again, but does that automatically mean mortgage rates are going higher? Not exactly. The Federal Funds Rate and mortgage rates are two different things. Fed policy can influence the overall interest-rate environment, but mortgage rates also react to inflation, the bond market, economic data, and investor expectations. For homebuyers, the better strategy usually isn’t trying to perfectly time mortgage rates. Build a plan that works with today’s numbers and know what your options are if rates change later. Thinking about buying a home in Chicagoland? Reach out to The Kombrink Team and let’s talk through the numbers.

Half of buyers are worried home prices are about to crash. The other half are hoping they do. But the latest home price forecasts tell a different story. Fannie Mae surveyed more than 100 housing experts, and the average forecast calls for home prices to rise 14.7% through 2030. Even the most pessimistic forecast still projects a 6.6% increase. That doesn’t mean every city or neighborhood will move the same way. Some markets could see short-term declines, but nationally, experts are still forecasting higher home prices over the next several years. Wondering what home prices are doing here in the Fox Valley and Chicagoland market? Reach out to The Kombrink Team at One Source Realty.

Buying a home soon? The market is giving buyers something they haven’t had much of lately: options. There are now more homes on the market than at any point since 2019, bringing inventory closer to normal levels. That means buyers have a better chance to find a home that fits their needs and budget, while also having more room to negotiate on price and terms. If you’re thinking about buying in Geneva, St. Charles, Batavia, or anywhere in the Fox Valley, The Kombrink Team at One Source Realty can help you sort through the options and focus on the homes that are actually worth your time.

More than 4 in 10 homes for sale have had at least one price cut, and the average reduction is around $17,000. For sellers, that’s a reminder that pricing correctly from the beginning matters. Start too high, and you may end up chasing the market down. For buyers, a price reduction can signal an opportunity. A seller who has already adjusted their price may be more willing to negotiate on price, closing costs, or other terms. Thinking about buying or selling in Geneva, St. Charles, Batavia, or the surrounding Fox Valley? Reach out to The Kombrink Team and let’s talk strategy.

Why does the housing market feel so confusing right now? Because not every buyer or seller is playing by the same rules. There are really four different groups shaping today’s market: cash buyers, financed buyers, homeowners holding onto low mortgage rates, and builders looking to move inventory. Which group you fall into can completely change your leverage, your options, and the best strategy for your next move. Thinking about buying or selling in Geneva, St. Charles, Batavia, or elsewhere in the Fox Valley? Reach out to The Kombrink Team and let’s figure out the strategy that makes sense for you.

Will home prices drop in Illinois in 2026, or are buyers waiting for a housing crash that may not happen? Current forecasts point toward continued home price growth in Illinois, not a major decline. In this video, Kris Kombrink breaks down what’s keeping prices supported, including low housing inventory, homeowners holding onto low mortgage rates, limited new construction, and continued demand across the Fox Valley. We’ll also look at what this means for buyers and sellers in communities like Geneva, St. Charles, Batavia, and throughout Kane and DuPage Counties.

Mortgage rates get most of the attention, but fall can bring some important changes for home buyers too. Historically, buyers may see more homes to choose from, lower asking prices, and sellers who are more willing to negotiate as the end of the year approaches. If affordability has kept you on the sidelines, the seasonal shift could create opportunities that weren’t there a few months ago.

Think every home seller is firm on their asking price? Not anymore. Recently, 41% of homes for sale had a price reduction, which means more sellers are showing a willingness to negotiate rather than let their home sit on the market. That doesn’t mean every house is suddenly affordable, but buyers may have more negotiating power, flexibility, and opportunity than they realize. If you’ve put your home search on hold, let’s take another look at what’s happening locally.

Feel like everything has been a little unpredictable lately? The housing market may actually be one of the more stable things out there. Home prices have been relatively steady, housing inventory is close to where it was last year, and mortgage rates have stayed in roughly the same 6% to 7% range since late 2022. If you’ve been waiting for the market to “settle down” before buying or selling, it may already be there. That stability can make it easier to plan your next move with a little more confidence.

Home price growth slowed significantly over the past couple of years, but early data suggests it may be starting to pick up again. A few months don’t make a trend, and real estate is always local. Reach out to The Kombrink Team for a closer look at home prices across Kane and DuPage Counties and what the latest shift could mean for your move.

Your first home was never meant to be your forever home. If you’re ready for more space, today’s market may offer a unique advantage. Starter homes remain in high demand, which could help you get a strong price when you sell. Meanwhile, more move-up homes are hitting the market, giving you additional choices and potentially more negotiating power. Add in the equity you’ve built, and your next move may be closer than you think. Ready to explore your options? Contact The Kombrink Team today.

Feel like your home search has been showing you the same options over and over? There’s a reason. Housing inventory is still higher than last year, but the pace of growth has slowed dramatically. Last spring, the number of homes for sale was up about 31% year-over-year. Today, that increase is closer to 2%. But recent trends suggest inventory growth may be starting to stabilize. And if homes continue taking longer to sell, more listings could begin piling up again. If your home search has felt a little stale, don’t give up. New opportunities are hitting the market every day.

Selling your home? Your toughest competition might not be the house down the street. It might be the one that was finished last month. When mortgage rates are high, buyers shop the monthly payment, not just the price tag. Builders know it, which is why so many new construction listings are advertising reduced rates right now. And it's working. New home sales are holding steady while existing home sales lag behind. Here's the good news: builders aren't the only ones with options. Sellers can cover closing costs, offer a rate buydown, handle repairs, negotiate on price, or throw in a few extras to make their home the easier yes. The Kombrink Team helps Fox Valley sellers see exactly what buyers are getting from other homes nearby, new construction included, so your house is priced and positioned to compete.

Think the best time to sell your house is already behind you? Not so fast. About one-third of annual home sales happen during the final four months of the year, and buyers are still actively making moves before the new year. The key is getting the price, presentation, and marketing right.

The housing market is telling two very different stories depending on price point. Homes under $250,000 are seeing fewer sales than last year, while sales of homes over $750,000 have climbed by double digits. Why the gap? Entry-level buyers are feeling the impact of mortgage rates much more heavily, while higher-end buyers often have more financial flexibility. For sellers, that means your pricing strategy matters. Lower-priced homes may need sharper pricing and stronger presentation, while higher-end homes could still see strong demand and even multiple offers. Want to know where your home fits in today’s Fox Valley market? Contact The Kombrink Team at 630-402-0021 or visit https://www.kombrink.com.

The housing market may be cooling in some price ranges, but luxury real estate is telling a different story. Luxury home prices are rising much faster than the rest of the market, supported by high-end buyers who are still ready and able to make a move. Thinking about selling a luxury home in the Chicagoland area? The Kombrink Team can help you position it for maximum exposure and the strongest possible return.

The Sugar Grove, Illinois real estate market is giving buyers a lot more breathing room than it did a year ago. Here’s the September 2026 snapshot: Median sold price: $505,000 Up 7.46% month over month Median days on market: 13 days Months of inventory: 3.1 months Inventory up 131.85% year over year Sold-to-list price: 98.8% Median price per square foot: $207 Sugar Grove still has relatively limited supply, but conditions are becoming more balanced. Buyers have significantly more inventory to choose from, while homes are now selling slightly below their final asking price overall. Thinking about buying or selling in Sugar Grove? Reach out to The Kombrink Team at One Source Realty.

What’s happening in the South Elgin, Illinois real estate market? Here’s the September 2026 snapshot: Median sold price: $422,990 Up 6.82% month over month Median days on market: 16 days Months of inventory: 1.4 months Sold-to-list price: 100.3% Median price per square foot: $217 South Elgin remains a competitive seller’s market. Inventory is still tight, and homes are selling for slightly more than their final asking price overall. Buyers have more inventory than they did a year ago, but desirable homes can still move quickly.

The St. Charles, Illinois real estate market is giving buyers something they haven’t had much of lately: more options and more negotiating power. Here’s the September 2026 snapshot: Median sold price: $406,490 Median days on market: 64 days Months of inventory: 7.0 months Sold-to-list price: 99.8% Median price per square foot: $236 Active listings: 28 With inventory at seven months and homes taking longer to sell, buyers may have more room to negotiate depending on the property. Sellers need to pay especially close attention to pricing and competition.

What’s happening in the Naperville, Illinois real estate market? September 2026 brought a few noticeable changes: Median sold price: $655,000 Down 4.38% month over month Median days on market: 10 days Months of inventory: 2.2 months Sold-to-list price: 99.3% Median price per square foot: $266 Inventory is also up more than 32% year over year, which means Naperville buyers are seeing more choices than they had a year ago. The market still favors sellers overall, but homes are taking longer to sell and the typical property is now closing slightly below asking price.

What’s happening in the Geneva, Illinois real estate market? The September 2026 numbers still point to a competitive seller’s market: Median sold price: $619,000 Median days on market: 5 days Months of inventory: 1.9 months Sold-to-list price: about 100% Median price per square foot: $269 Inventory has increased, but Geneva remains well below what would typically be considered a balanced market. Buyers need to be ready when the right home hits, while sellers still have a strong market if their home is priced and marketed correctly.

The Elgin, Illinois housing market is still moving quickly. In September 2026, the median sold price was about $359,950, homes sold in a median of just 8 days, and inventory remained tight at only 1.8 months of supply. Homes also sold for roughly 100.2% of list price. Even with prices down from the previous month, Elgin continues to favor sellers while giving buyers more inventory to choose from. Thinking about buying or selling in Elgin? The Kombrink Team can help you understand what these numbers mean for your specific neighborhood and price range.

What’s happening in the Wheaton, Illinois real estate market right now? Here’s the August 2026 snapshot: Median sold price: $550,000 Median days on market: 8 days Months of inventory: 1.7 Sold-to-list ratio: 99.8% Inventory: up 46% year over year Active listings: 86 New listings: 84 New pending listings: 44 Median price per square foot: $277 Wheaton buyers have considerably more inventory than they did a year ago, but 1.7 months of supply is still firmly in seller’s-market territory. Homes are moving quickly and selling for nearly full asking price on average.

What’s happening in the St. Charles, Illinois real estate market right now? Here’s the August 2026 snapshot: Median sold price: $575,750 Median days on market: 8 days Months of inventory: 2.5 Sold-to-list ratio: 101.5% Inventory: up 87% year over year Active listings: 135 New listings: 104 New pending listings: 60 Median price per square foot: $242 Buyers have significantly more choices than they did a year ago, but St. Charles is still competitive. Homes are moving quickly and selling above asking price on average.

What’s happening in the North Aurora, Illinois real estate market right now? Here’s the August 2026 snapshot: Median sold price: $515,000 Median days on market: 11 days Months of inventory: 2.1 Sold-to-list ratio: 99.8% Active listings: 51 New listings: 57 New pending listings: 16 Median price per square foot: $207 Inventory: up 7% year over year and sharply higher from July With 2.1 months of supply, North Aurora is still a competitive seller’s market. But homes selling at roughly 99.8% of asking price suggests buyers may have a little more negotiating room than they did earlier in the year.

What’s happening in the Naperville, Illinois real estate market right now? Here’s the August 2026 snapshot: Median sold price: $685,000 Median days on market: 7 days Months of inventory: 2.1 Sold-to-list ratio: 100.5% Inventory: up 30% year over year Active listings: 340 New listings: 297 New pending listings: 154 Median price per square foot: $264 Naperville buyers have more homes to choose from than they did a year ago, but the market is still competitive. Homes are selling quickly and for slightly more than asking price on average. Thinking about buying or selling a home in Naperville? Contact The Kombrink Team at One Source Realty at 630-402-0021.

What’s happening in the Elgin, Illinois real estate market right now? Here’s the August 2026 snapshot: Median sold price: $400,000 Median days on market: 10 days Months of inventory: 1.9 Sold-to-list ratio: 100.3% Inventory: up 16% year over year Active listings: 194 New listings: 181 Median price per square foot: $211 Inventory is improving, which gives Elgin buyers more choices, but 1.9 months of supply is still firmly in seller’s-market territory. Homes are also selling for slightly more than asking price on average. Thinking about buying or selling a home in Elgin? Contact The Kombrink Team at One Source Realty at 630-402-0021.

What’s happening in the Batavia, Illinois real estate market right now? In August 2026: Median sold price: $460,000 Median days on market: 8 days Months of inventory: 1.4 Sold-to-list ratio: 100.3% Inventory: up 37% year over year Active listings: 45 Median price per square foot: $234 Even with more homes available, Batavia remains a competitive seller’s market. Properties are still moving quickly and selling slightly above asking price on average. Thinking about buying or selling a home in Batavia? Contact The Kombrink Team at One Source Realty at 630-402-0021.

The Aurora, Illinois real estate market is giving buyers more options, but sellers still have the advantage. In August 2026: Median sold price: $338,000 Median days on market: 8 days Months of inventory: 2.0 Sold-to-list ratio: 100.2% Inventory: up 47% year over year Active listings: 248 So while Aurora has considerably more inventory than a year ago, homes are still selling quickly and essentially at full asking price. Thinking about buying or selling a home in Aurora? Contact The Kombrink Team at One Source Realty at 630-402-0021.

What’s happening in the Geneva, Illinois real estate market right now? In August 2026, Geneva homes had a median sold price of $610,000, with properties selling in a median of just 4 days. Inventory climbed to 1.8 months of supply, but homes still sold for an average of 101.5% of list price. That means Geneva remains a competitive seller’s market, even as buyers get a few more choices. Thinking about buying or selling a home in Geneva? Contact The Kombrink Team at One Source Realty at 630-402-0021.

What’s happening in the Geneva, Illinois real estate market right now? Here’s a quick look at the July 2026 numbers: With just 1.6 months of inventory and homes still selling above asking price on average, Geneva remains a competitive seller’s market. Buyers have more inventory than they did a month ago, but well-priced homes are still moving quickly. Thinking about buying or selling in Geneva? Let’s talk about what these numbers mean for your specific situation.