🏠 The Goddard Report – Midweek Real Estate Market Update – July 01, 2026
The Goddard Report is a free weekly real estate market update published every Wednesday by Dave and Candy Goddard of Garry Real Estate, covering active residential home inventory across 24 communities in DuPage County, Kane County, and Cook County, Illinois. If you’re buying or selling a home in the western Chicago suburbs — Bartlett, Elgin, Schaumburg, Wheaton, Glen Ellyn, or anywhere in between — this report gives you the numbers that matter, updated weekly from live MLS data.
Chicagoland Housing Market Snapshot — July 01, 2026
The broader Chicagoland MLS currently holds 17,710 active residential listings across northeastern Illinois. Our 24-town western suburbs coverage area — spanning communities from Bartlett and Bloomingdale through Wheaton, Geneva, South Elgin, and Elgin — accounts for 986 active homes, representing 5.6% of total regional MLS inventory.
📊 Week-over-week (June 24 → July 01, 2026): Our 24-town coverage area gained 8 net new listings compared to June 24 (978 → 986). New inventory is entering the market, giving buyers slightly more to work with — but absorption remains fast. Don’t confuse new supply with softening prices. Broader MLS: 17,710 ↓126.
⚠️ Market context for buyers and sellers: The Chicagoland western suburbs remain firmly in seller’s territory. A balanced market requires roughly 4–6 months of supply; most communities here are running at 1–2 months or less. Bidding wars, escalation clauses, and waived contingencies are still the norm in the $300K–$600K range across DuPage and Kane County. New construction — 128 active new builds across our coverage area — is the clearest path to buying without a war. The tightest markets this week are Itasca, Winfield, Wayne — sellers there have maximum leverage.
📍 Active Home Inventory by Town — Western Chicago Suburbs
All data sourced directly from the Midwest Real Estate Data (MRED) MLS as of July 01, 2026. Counts reflect active Residential listings with status Active, New, Price Change, or Re-activated. Each town total is detached + attached; new construction is a subset shown separately.
✨ Bartlett – 18 detached + 21 attached = 39 total ↓12 · 11 new construction
✨ Batavia – 27 detached + 12 attached = 39 total ↑1 · 11 new construction
✨ Bloomingdale – 17 detached + 14 attached = 31 total ↑1 · 2 new construction
✨ Carol Stream – 23 detached + 29 attached = 52 total ↑10 · 6 new construction
✨ Elgin – 100 detached + 33 attached = 133 total ↓9 · 16 new construction
✨ Elk Grove Village – 14 detached + 12 attached = 26 total ↓1
✨ Geneva – 26 detached + 11 attached = 37 total ↑1 · 8 new construction
✨ Glen Ellyn – 40 detached + 10 attached = 50 total ↑1 · 11 new construction
✨ Glendale Heights – 9 detached + 14 attached = 23 total →
✨ Hanover Park – 16 detached + 24 attached = 40 total ↑6
✨ Hoffman Estates – 32 detached + 40 attached = 72 total ↓4 · 11 new construction
✨ Itasca – 6 detached + 4 attached = 10 total ↓1
✨ Medinah – 2 detached + 0 attached = 2 total ↓1
✨ Roselle – 20 detached + 12 attached = 32 total ↑6
✨ Schaumburg – 45 detached + 76 attached = 121 total ↑5 · 21 new construction
✨ South Elgin – 19 detached + 15 attached = 34 total ↑3 · 9 new construction
✨ St. Charles/Campton Hills – 70 detached + 21 attached = 91 total ↑6 · 17 new construction
✨ Streamwood – 13 detached + 11 attached = 24 total ↓1
✨ Warrenville – 9 detached + 15 attached = 24 total ↑3
✨ Wayne – 7 detached + 0 attached = 7 total ↓1
✨ West Chicago – 22 detached + 0 attached = 22 total ↓2 · 2 new construction
✨ Wheaton – 33 detached + 14 attached = 47 total ↓4 · 2 new construction
✨ Winfield – 6 detached + 3 attached = 9 total →
✨ Wood Dale – 11 detached + 10 attached = 21 total ↑1 · 1 new construction
💡 Weekly Market Highlights — July 01, 2026
- New construction is the relief valve. With resale inventory constrained across all 24 towns, new builds are where buyers can find options without a bidding war. This week’s leaders: Schaumburg (21 new builds), St. Charles/Campton Hills (17 new builds), Elgin (16 new builds). Total new construction across our coverage area: 128 active new builds. If you’re open to new construction, talk to us about builder negotiations — we represent buyers at no cost.
- Elgin leads the region with 134 active listings, including 100 detached single-family homes. Schaumburg follows at 121. More inventory means more negotiating room — relatively speaking. Even in high-inventory markets, well-priced homes are still moving fast.
- Schaumburg dominates the attached market with 76 condo and townhome listings — the largest attached inventory in our coverage area. This is the best market in the western suburbs for first-time buyers, downsizers, or anyone who wants a lower-maintenance home. Browse available homes.
- Biggest week-over-week moves: Bartlett (-12 to 39), Carol Stream (+10 to 52), Elgin (-9 to 133), Hanover Park (+6 to 40). Sharp week-over-week swings usually mean a cluster of new listings hit or a batch of homes went pending — check the market stats page for deeper context.
- Ultra-tight supply: Itasca, Winfield, Wayne, Medinah each have fewer than 13 active listings. If you’re targeting these communities, off-market connections and pre-market outreach matter more than the MLS. Contact us — we work these markets closely.
Thinking About Selling Your Home in 2026?
This is still one of the strongest seller’s markets in recent memory across DuPage County and the western Chicago suburbs. With inventory this low, properly priced homes in markets like Bartlett, Bloomingdale, Wheaton, and Schaumburg are attracting multiple offers. Find out what your home is worth — or contact Dave and Candy directly for a no-obligation market analysis.
Connect With Team Goddard
Dave and Candy Goddard are full-time Chicagoland real estate agents with Garry Real Estate, specializing in DuPage County, Kane County, and the western Chicago suburbs. We represent both buyers and sellers — you get two agents for the price of one.
📞 Call: 630-310-8315 (voice only)
📱 Text Dave: 630-992-3283
📱 Text Candy: 630-992-5477
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