Naperville, IL—60564
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 $676,000, with a year-over-year change of 3.3%. This indicates that home prices in Naperville, IL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $676,000 | 3.3% |
| Single Family | $691,000 | 3.3% |
| Condos | $324,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $345,000 | 1.5% |
3 Bed | $450,000 | 2.0% |
4 Bed | $738,000 | 2.2% |
| 5 Bed | $882,000 | 2.2% |
% of Housing Stock
Rental Trends — Naperville, IL
As of July '25, Rentcast reports the average rent in Naperville, IL is $2,960, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Naperville, IL is 1-bedrooms: $1,940, 2-bedrooms: $2,560, 3-bedrooms: $3,120, 4-bedrooms: $4,230. The most common rental property sizes in Naperville, IL are 2-bedroom and 3-bedroom, accounting for 54.0% and 22.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,910 | $1,940 |
| 2 Bed Rent | $2,500 | $2,560 |
| 3 Bed Rent | $3,100 | $3,120 |
| 4 Bed Rent | $4,100 | $4,230 |
% 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 40. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $641,000 | 1.0% |
Listing Count | 143 | 12.0% |
| Listings as % of Homes | 0.5% | 12.0% |
Days on Market | 40 | 24.0% |
Demographics — Naperville, IL
As of the latest ACS Survey released in 2023, Naperville, IL has a population of 47,200, which has increased by 11.1% over the past 5 years. Naperville, IL is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 73.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,200 | 11.1% |
% Under 18 | 27.0% | -7.5% |
% Seniors | 11.2% | 40.0% |
% WFH | 30.1% | 157.3% |
% w/ College Degree | 73.1% | 2.5% |
As of the latest ACS Survey released in 2023, Naperville, IL is a predominantly white area, with 54.9% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Naperville, IL is asian, making up 29.9% of the population. Foreign-born residents account for 28.2% of the population in Naperville, IL, and this percentage has increased by 27.6% 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 | 54.9% | -11.6% |
% Black | 4.6% | -27.0% |
% Hispanic | 5.8% | 48.7% |
% Asian | 29.9% | 18.7% |
% Foreign Born | 28.2% | 27.6% |
Mortgage and Risk — Naperville, IL
According to HUD data as of 2023, there were 573 mortgage originations in Naperville, IL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Naperville, IL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 573 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Naperville, IL
As of 2024, the percent of homes in Naperville, IL under the Section 8 program is 3.6%. 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 | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $1,910 | $2,340 |
| 2 Bedroom | $140 | $2,500 | $2,640 |
| 3 Bedroom | $290 | $3,100 | $3,390 |
| 4 Bedroom | -$120 | $4,100 | $3,980 |
Affordability — Naperville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $676,000 |
| Median Household Income | $176,000 |