Are Home Prices Rising or Falling in St. Charles, IL?

St. Charles, a city near Chicago, IL, is a market where home prices are barely moving. The median sale price of $455,698 represents just a 1% gain from a year ago, a notable cooldown for this Fox Valley suburb. Here's what's happening and what buyers and sellers can expect.

The National Picture

As of the three months ending August 2026, the national median sale price is roughly $399,000, rising 2% year over year. Across the country, affordability has improved slightly: the typical household earns about $88,000 and spends around 34.4% of income on housing, down from about 36% a year earlier. About 20% of active listings carry a price cut, and four months of supply are available nationally.

Home Prices in the Chicago Area

In the broader Chicago metro, a typical household earns about $99,000 and devotes roughly 35.1% of that to housing. That share is largely unchanged from last year, even as mortgage rates have eased somewhat. Relative to the metro, St. Charles' median of $455,698 sits well above the typical price point, reflecting the area's higher-end housing stock.

Growth Has Slowed to a Crawl

A year ago, many western suburbs were posting solid gains. St. Charles has settled into a near-flat trend, with prices up just 1%. That's slower than nearby Elgin, where the median rose 8% to $359,762, and Batavia, which climbed 7% to $494,673. Even Aurora, a more affordable option at $360,761, saw 3.1% appreciation. Meanwhile, neighboring Geneva posted a 2.9% decline to $519,656. About 52.5% of St. Charles homes sold above list, and 19% of listings have price cuts.

Why Are Prices Rising in St. Charles?

Prices in St. Charles have stalled largely because buyer activity has pulled back while supply remains steady. Pending sales fell 15.6% year over year, a significant drop that suggests fewer buyers are following through at current prices. At the same time, inventory hasn't thinned out: active listings ticked up 1.4%, and new listings rose 7.3%. With 2.5 months of supply, sellers have less leverage than they did a year ago. Homes take a median of 47 days to sell, and the sale-to-list ratio of 101.6% indicates that while many homes still attract competitive offers, the overall pace has cooled.

Limited to neighborhoods with at least 10 home sales in the period.

All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.