Kane County, IL Home Values & Market Trends

The median home price in Kane County, IL is $323,397.99. There were 6,637 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 $298,410.909. The number of current listings in Kane County, IL is 195, and the percentage of properties for sale is 195.00%. The county has 723 foreclosures, 25 bank owned properties, 104 headed for auction, and 195 properties for sale.

Kane County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Aurora

$ 257,000

$ 190/sqft

Batavia

$ 378,273

$ 216/sqft

Elgin

$ 284,900

$ 172/sqft

Gilberts

$ 372,631

$ 164/sqft

Geneva

$ 563,696

$ 216/sqft

Maple Park

$ 309,700

$ 221/sqft

Carpentersville

$ 254,762

$ 197/sqft

Dundee

$ 518,804

$ 208/sqft

North Aurora

$ 397,817

$ 179/sqft

Saint Charles

$ 474,900

$ 130/sqft

South Elgin

$ 289,900

$ 189/sqft

Burlington

$ 550,000

$ 156/sqft

Elburn

$ 392,084

$ 184/sqft

Big Rock

$ --

$ --

Hampshire

$ 416,687

$ 198/sqft

Kaneville

$ --

$ --

Sugar Grove

$ 431,482

$ 147/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. Burlington is the priciest city with a median listing home price of $550,000, and Aurora is most affordable with average house prices of around $263,900.

Foreclosure
There are 18 cities within Kane County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $428,474 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 285 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 Burlington 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 Sugar Grove to the lowest value of $119,158 in Aurora. Bank owned homes and properties account for 0.02% of properties in Kane County, IL. There are 18 cities within Kane County, IL; Aurora containing 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Aurora has 41 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 0.07% 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 0.12% of residential properties in Kane County, IL with Aurora containing 69 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 $110,987 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 1316 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.96% of properties in Kane County, IL.

      Compare Nearby Cities

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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
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      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 new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.