Naperville, IL—60565
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 $584,000, with a year-over-year change of 6.3%. This indicates that home prices in Naperville, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $584,000 | 6.3% |
| Single Family | $610,000 | 6.3% |
| Condos | $257,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 4.0% |
3 Bed | $439,000 | 4.5% |
4 Bed | $677,000 | 7.0% |
| 5 Bed | $822,000 | 4.4% |
% of Housing Stock
Rental Trends — Naperville, IL
As of July '25, Rentcast reports the average rent in Naperville, IL is $2,750, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Naperville, IL is 1-bedrooms: $1,750, 2-bedrooms: $2,210, 3-bedrooms: $3,030, 4-bedrooms: $3,830. The most common rental property sizes in Naperville, IL are 2-bedroom and 1-bedroom, accounting for 38.7% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,790 | $1,750 |
| 2 Bed Rent | $2,190 | $2,210 |
| 3 Bed Rent | $2,950 | $3,030 |
| 4 Bed Rent | $3,800 | $3,830 |
% 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 36. This is a increase of 4.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $687,000 | 13.0% |
Listing Count | 89 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 36 | 4.0% |
Demographics — Naperville, IL
As of the latest ACS Survey released in 2023, Naperville, IL has a population of 39,200, which has decreased by -3.8% over the past 5 years. Naperville, IL is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 71.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,200 | -3.8% |
% Under 18 | 25.5% | -3.0% |
% Seniors | 16.7% | 40.3% |
% WFH | 25.0% | 180.9% |
% w/ College Degree | 71.4% | 1.3% |
As of the latest ACS Survey released in 2023, Naperville, IL is a predominantly white area, with 69.6% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Naperville, IL is asian, making up 17.9% of the population. Foreign-born residents account for 19.0% of the population in Naperville, IL, and this percentage has increased by 8.6% 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 | 69.6% | -4.5% |
% Black | 2.8% | -24.3% |
% Hispanic | 5.3% | 35.9% |
% Asian | 17.9% | 14.7% |
% Foreign Born | 19.0% | 8.6% |
Mortgage and Risk — Naperville, IL
According to HUD data as of 2023, there were 623 mortgage originations in Naperville, IL, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, 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. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 623 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Naperville, IL
As of 2024, the percent of homes in Naperville, IL under the Section 8 program is 8.2%. 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 units appear to be good home sizes to consider for Section 8 housing in Naperville, IL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 130 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,790 | $1,990 |
| 2 Bedroom | $60 | $2,190 | $2,250 |
| 3 Bedroom | -$60 | $2,950 | $2,890 |
| 4 Bedroom | -$410 | $3,800 | $3,390 |
Affordability — Naperville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $584,000 |
| Median Household Income | $160,000 |