Is Naperville Heights, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Naperville Heights is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Naperville Heights was a Seller's Market.

Key Takeaway

Naperville Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Naperville Heights, IL

How much do homes in Naperville Heights, IL cost?

Median Sold Price

$509,000

$318/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$224,000(+78.6%)

Key Takeaway

Homes in Naperville Heights have sold for 78.6% more than they did a month ago.

Summary: The median home sold price in Naperville Heights was $509,000 in April 2024, up 78.6% from last month, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $285K$509K
+78.6%
4 --
N/A
5+ --
N/A

Summary: Naperville Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Naperville Heights
+78.6%
Saybrook
0.4%

Housing Supply in Naperville Heights, IL

How many homes are available in Naperville Heights, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The Naperville Heights real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Naperville Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Naperville Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Naperville Heights in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Naperville Heights, IL

How long does it take to sell a home in Naperville Heights, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
402 Days5 Days-98.8%

Summary: Homes in Naperville Heights had an average of 5 days on market in Apr 2024, down by 98.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Naperville Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Naperville Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Naperville Heights, IL

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