Western Suburbs Housing Market Update for June 2026: More Homes, Steady Prices

More homes are for sale right now across the western suburbs, and prices are still holding strong. That combination is rare, and it matters whether you are selling, buying, or just watching from the sidelines. Here is what we are seeing in the numbers and what it means for you.

More Homes Are Hitting the Market

The biggest shift this spring is supply. The number of active homes for sale across our local MLS climbed to about 43,455 as of June 22, up from around 35,581 back in early March. That is a real jump in just a few months.

For buyers, this is welcome news. More homes means more choices and a little more room to breathe. You are not always racing five other offers the moment a home hits the market.

For sellers, it means something different. You have more company now. The home down the street that would have sold in a weekend last year may take a bit longer this time. Pricing and presentation matter more than they did even three months ago.

Prices Are Still Holding Steady

Here is the part that surprises people. Even with more homes for sale, prices have not dropped. In our market, the median sold price in the most recent week was about $380,000, compared to roughly $350,750 a year ago. That is up, not down.

The national picture backs this up. According to the National Association of REALTORS, existing home sales in May rose to their highest level since December, and the median price hit a new record. Lower rates are helping too. Freddie Mac reported the average 30 year fixed mortgage at 6.47% in mid June, down from 6.81% a year ago. When borrowing costs ease even a little, more buyers can afford to jump back in.

So we have more homes and more buyers at the same time. That is why prices are staying firm instead of falling.

What This Means in Naperville, Aurora, Oswego, and Plainfield

Every town moves a little differently, and that is where local knowledge earns its keep. We have closed ove 121 homes in Naperville and 115 in Plainfield over the years, and we watch Aurora and Oswego closely as both keep growing. Demand in these towns has stayed strong because families want space, good options, and an easy commute.

Nationally, NAR found that 82% of buyers are choosing areas outside the big city center. That is the western suburbs in a nutshell. Buyers keep coming our way, which keeps a healthy floor under prices even as more homes list.

If you are thinking about selling, this is a good window. You can still get strong value, and you can use the extra buyer traffic before even more homes come online later this summer.

Selling and Buying at the Same Time

One question we get all the time right now is how to sell and buy together without ending up homeless or owning two homes. We do this kind of move regularly. We help families list their current home and line up the next one so both close around the same time, sometimes in about 30 days. It takes real coordination, but set up right from the start, it is very doable here in the western suburbs.

As part of Baird and Warner, we also have tools and reach that help your home get seen by the right buyers fast. Want to see what is active near you today? You can browse current homes on our Zenlist search anytime.

Frequently Asked Questions

Is now a good time to sell my house in the western suburbs of Chicago?
Yes, for most sellers it still is. Prices are holding strong and buyer demand is healthy. The catch is that more homes are listing, so pricing right from day one matters more than it did earlier this year. We can walk you through what your specific home should list for.

Will home prices drop in Naperville if more homes go up for sale?
Not so far. Even with rising supply, local prices have stayed firm because buyer demand is strong and our towns stay popular. More homes can slow how fast a house sells, but it has not pushed prices down here.

How do I find a real estate agent near me who knows this market?
Start with someone who works your towns every week and can show real results. We live and sell here, with hundreds of local closings and dozens of five star reviews from neighbors who have been through it. You can read what past clients say and reach out anytime.

Ready to find out what your home is worth in today’s market, or just want a clear read on your options? We are happy to help with zero pressure. Reach out and let us know what you are thinking, and we will give you honest answers based on real local data.

Ready to make your next move in the western suburbs of Chicago?

We are here to help you every step of the way, whether you are buying, selling, or just exploring your options.

Julia Corkey & Vickie Schoenfeld
Team Elite Realtors at Baird & Warner

📞 630-286-9777 | 📧 [email protected] | 🌐 www.homesbyteamelite.com

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