🏠 The Goddard Report – Midweek Real Estate Market Update – July 08, 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 08, 2026

The broader Chicagoland MLS currently holds 17,693 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 952 active homes, representing 5.4% of total regional MLS inventory.

📊 Week-over-week (July 01 → July 08, 2026): Our coverage area lost 34 net listings vs. July 01 (986 → 952). More homes went under contract than came to market — a clear sign of continued strong demand absorbing available supply. Broader MLS: 17,693 ↓17.

⚠️ 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 — 119 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 08, 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 – 19 detached + 19 attached = 38 total ↓1 · 8 new construction

✨ Batavia – 22 detached + 10 attached = 32 total ↓7 · 9 new construction

✨ Bloomingdale – 14 detached + 17 attached = 31 total → · 2 new construction

✨ Carol Stream – 17 detached + 30 attached = 47 total ↓5 · 6 new construction

✨ Elgin – 91 detached + 38 attached = 129 total ↓4 · 14 new construction

✨ Elk Grove Village – 13 detached + 12 attached = 25 total ↓1

✨ Geneva – 26 detached + 11 attached = 37 total → · 8 new construction

✨ Glen Ellyn – 35 detached + 9 attached = 44 total ↓6 · 11 new construction

✨ Glendale Heights – 9 detached + 13 attached = 22 total ↓1

✨ Hanover Park – 13 detached + 25 attached = 38 total ↓2

✨ Hoffman Estates – 32 detached + 36 attached = 68 total ↓4 · 8 new construction

✨ Itasca – 6 detached + 4 attached = 10 total →

✨ Medinah – 3 detached + 0 attached = 3 total ↑1

✨ Roselle – 20 detached + 13 attached = 33 total ↑1

✨ Schaumburg – 42 detached + 75 attached = 117 total ↓4 · 21 new construction

✨ South Elgin – 20 detached + 14 attached = 34 total → · 10 new construction

✨ St. Charles/Campton Hills – 71 detached + 18 attached = 89 total ↓2 · 17 new construction

✨ Streamwood – 13 detached + 10 attached = 23 total ↓1

✨ Warrenville – 9 detached + 14 attached = 23 total ↓1

✨ Wayne – 8 detached + 0 attached = 8 total ↑1

✨ West Chicago – 20 detached + 1 attached = 21 total ↓1 · 2 new construction

✨ Wheaton – 34 detached + 17 attached = 51 total ↑4 · 2 new construction

✨ Winfield – 5 detached + 5 attached = 10 total ↑1

✨ Wood Dale – 10 detached + 9 attached = 19 total ↓2 · 1 new construction

💡 Weekly Market Highlights — July 08, 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 (14 new builds). Total new construction across our coverage area: 119 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 129 active listings, including 91 detached single-family homes. Schaumburg follows at 117. 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 75 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: Batavia (-7 to 32), Glen Ellyn (-6 to 44), Carol Stream (-5 to 47), Elgin (-4 to 129). 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
🌐 Search homes for sale | View market stats | Get a free home valuation

#youget2forthepriceof1 #teamgoddardrealestate #chicagolandomarketupdate #dupagecountyrealestate #bartlettiLrealestate #westernsuburbshomes