Kane County, IL Home Values & Market Trends

The median home price in Kane County, IL is $323,358.27. There were 6,640 home sales in Kane County, IL over the past 12 months. The median residential Kane County, IL home value for transactions over the previous year is $298,650.581. The number of current listings in Kane County, IL is 206, and the percentage of properties for sale is 206.00%. The county has 709 foreclosures, 22 bank owned properties, 96 headed for auction, and 206 properties for sale.

Kane County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Aurora

$ 255,516

$ 187/sqft

Batavia

$ 299,863

$ 216/sqft

Elgin

$ 296,843

$ 173/sqft

Gilberts

$ 339,000

$ 172/sqft

Carpentersville

$ 252,201

$ 194/sqft

Dundee

$ 435,584

$ 205/sqft

Elburn

$ 398,078

$ 187/sqft

Maple Park

$ 309,700

$ 221/sqft

North Aurora

$ 405,728

$ 181/sqft

Saint Charles

$ 474,900

$ 130/sqft

Geneva

$ 587,916

$ 199/sqft

Burlington

$ 550,000

$ 156/sqft

South Elgin

$ 410,000

$ 189/sqft

Big Rock

$ --

$ --

Hampshire

$ 416,687

$ 193/sqft

Kaneville

$ --

$ --

Sugar Grove

$ 472,213

$ 150/sqft

Mooseheart

$ --

$ --

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Housing Market Summary for Kane County, IL

Apr 2023March 2024Change
Median Listing Price$315K$299.2K-5.03%
Median Sold Price$315.3K$299.2K-5.11%
Homes For Sale199154-22.61%
Homes Sold4,5243,880-14.24%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Kane County, IL

Kane County, IL home values range from $19,298 to $20,830,200. Geneva is the priciest city with a median listing home price of $610,000, and Aurora is most affordable with average house prices of around $264,900.

Foreclosure
There are 18 cities within Kane County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $596,954 in Aurora to the lowest value of $59,880 in Aurora. Foreclosure homes account for 0.00% of properties in Kane County, IL with Aurora containing 283 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.38% of all residential properties in Kane County, IL with Aurora containing 235 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 18 cities within Kane County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $659,793 in Dundee to the lowest home value of $59,880 in Aurora.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kane County, IL ranges from the highest value of $332,564 in Hampshire to the lowest value of $119,158 in Aurora. Bank owned homes and properties account for 0.01% of properties in Kane County, IL. There are 18 cities within Kane County, IL; Aurora containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Aurora has 40 auction properties, the highest number of properties going to auction in a single city in the state of Kane County, IL. Auction homes and other auction properties account for 0.06% of all properties in Kane County, IL. There are 18 cities within Kane County, IL; of those cities, the median estimated home value for homes going to auction ranges from $592,731 in South Elgin to the lowest value of $113,418 in South Elgin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Kane County, IL with Aurora containing 72 homes for sale, the highest number of listed properties in a single city. There are 18 cities within Kane County, IL; homes for sale in those cities, have a range of median values from $550,000 in Burlington to the lowest value of $79,482 in Elgin.
    Sold Homes
    The median value for recently sold homes ranges from $752,394 in Gilberts to the lowest price of $19,298 in Gilberts. There are 18 cities within Kane County, IL. Aurora has 1303 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.92% of properties in Kane County, IL.

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      Guide for Kane County, IL

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.