Naperville, IL—60563
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Naperville, IL
As of Oct '25, the median home price in Naperville, IL is $447,000, with a year-over-year change of 5.1%. This indicates that home prices in Naperville, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | 5.2% |
| Single Family | $538,000 | 5.1% |
| Condos | $260,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $182,000 | 4.6% |
2 Bed | $295,000 | 5.4% |
3 Bed | $422,000 | 3.9% |
4 Bed | $680,000 | 4.5% |
| 5 Bed | $888,000 | 4.1% |
% of Housing Stock
Rental Trends — Naperville, IL
As of July '25, Rentcast reports the average rent in Naperville, IL is $2,210, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Naperville, IL is studios: $1,760, 1-bedrooms: $1,880, 2-bedrooms: $2,290, 3-bedrooms: $3,190, 4-bedrooms: $4,180. The most common rental property sizes in Naperville, IL are 2-bedroom and 1-bedroom, accounting for 47.4% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,210 |
| Studio Rent | $1,700 | $1,760 |
| 1 Bed Rent | $1,870 | $1,880 |
| 2 Bed Rent | $2,300 | $2,290 |
| 3 Bed Rent | $3,000 | $3,190 |
| 4 Bed Rent | $3,990 | $4,180 |
% of Rental Stock
Property Listings — Naperville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Naperville, IL is 33. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -11.0% |
Listing Count | 86 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 33 | -2.0% |
Demographics — Naperville, IL
As of the latest ACS Survey released in 2023, Naperville, IL has a population of 38,800, which has increased by 3.8% over the past 5 years. Naperville, IL is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 66.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,800 | 3.8% |
% Under 18 | 23.5% | 9.3% |
% Seniors | 15.5% | 6.2% |
% WFH | 27.9% | 232.1% |
% w/ College Degree | 66.3% | 9.8% |
As of the latest ACS Survey released in 2023, Naperville, IL is a predominantly white area, with 61.9% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Naperville, IL is asian, making up 19.5% of the population. Foreign-born residents account for 21.9% of the population in Naperville, IL, and this percentage has increased by 2.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.9% | -2.1% |
% Black | 6.5% | -15.6% |
% Hispanic | 7.9% | -20.2% |
% Asian | 19.5% | 14.7% |
% Foreign Born | 21.9% | 2.3% |
Mortgage and Risk — Naperville, IL
According to HUD data as of 2023, there were 454 mortgage originations in Naperville, IL, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Naperville, IL. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 454 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Naperville, IL
As of 2024, the percent of homes in Naperville, IL under the Section 8 program is 8.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Naperville, IL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 666 |
Total Units Section 8 | 666 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,870 | $2,130 |
| 2 Bedroom | $110 | $2,300 | $2,410 |
| 3 Bedroom | $100 | $3,000 | $3,100 |
| 4 Bedroom | -$350 | $3,990 | $3,640 |
Affordability — Naperville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $447,000 |
| Median Household Income | $106,000 |