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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Naperville Township is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Naperville Township has remained a Seller's Market.

Key Takeaway

Naperville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Naperville Township, IL cost?

Median Sold Price

$315,366

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$29,671(+10.4%)

Key Takeaway

Homes in Naperville Township have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $111K$124.7K
+12.4%
2 $186.3K$216.6K
+16.3%
3 $275K$303.5K
+10.4%
4 $425K$470K
+10.6%
5+ $560K$616.7K
+10.1%

Median Sold Price Compared To Nearby Cities

Warrenville
+16.6%
Naperville
+11.9%
Aurora
+11.8%
Naperville Township
+10.4%

How many homes are available in Naperville Township, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
490384-21.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 1114
+27.3%
2 171129
-24.6%
3 143102
-28.7%
4 134112
-16.4%
5+ 3127
-12.9%

Number of Homes Sold

Nov 2021Dec 2021%
176136-22.7%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Naperville Township, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
31 Days25 Days-18.2%

Breakdown of Home Sale Times

105 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Naperville Township, IL

Number of homes for sale in Naperville Township, IL real estate market have reached 384. Between November 2021 and December 2021, Naperville Township, IL real estate market has seen decrease in the number of listings by 21.6%. In December 2021 median list price was $315,366 and the average listing age was 25 days. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties went up by 12.4%, the cost of 2 bedrooms properties went up by 16.3%, prices of 3 bedrooms properties increased by 10.4%, prices of 4 bedrooms properties went up by 10.6%, the cost of 5 bedrooms properties went up by 10.1%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 27.3%, 2 bedrooms homes inventory decreased by 24.6%, 3 bedrooms homes inventory decreased by 28.7%, 4 bedrooms homes inventory decreased by 16.4%, volume of 5 bedrooms homes went down by 12.9%. While more than 55 listings in Naperville Township, IL in December 2021 were sold above asking price, there were more than 19 listings sold at asking price, and more than 62 were sold below.

Related Housing Market Reports