Naperville, IL—60540
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 $609,000, with a year-over-year change of 5.7%. This indicates that home prices in Naperville, IL are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $609,000 | 5.7% |
| Single Family | $631,000 | 5.7% |
| Condos | $301,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $275,000 | 1.5% |
2 Bed | $337,000 | 2.4% |
3 Bed | $507,000 | 4.8% |
4 Bed | $694,000 | 5.3% |
| 5 Bed | $1,011,000 | 5.6% |
% of Housing Stock
Rental Trends — Naperville, IL
As of July '25, Rentcast reports the average rent in Naperville, IL is $2,740, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Naperville, IL is 1-bedrooms: $1,880, 2-bedrooms: $2,590, 3-bedrooms: $3,340, 4-bedrooms: $3,710. The most common rental property sizes in Naperville, IL are 2-bedroom and 1-bedroom, accounting for 42.0% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,790 | $1,880 |
| 2 Bed Rent | $2,640 | $2,590 |
| 3 Bed Rent | $3,300 | $3,340 |
| 4 Bed Rent | $3,350 | $3,710 |
% 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 32. This is a increase of 16.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $673,000 | 0.0% |
Listing Count | 109 | -9.0% |
| Listings as % of Homes | 0.6% | -9.0% |
Days on Market | 32 | 16.0% |
Demographics — Naperville, IL
As of the latest ACS Survey released in 2023, Naperville, IL has a population of 42,700, which has decreased by -5.4% over the past 5 years. Naperville, IL is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 71.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,700 | -5.4% |
% Under 18 | 23.1% | -1.3% |
% Seniors | 17.4% | 19.2% |
% WFH | 23.3% | 150.5% |
% w/ College Degree | 71.8% | 9.5% |
As of the latest ACS Survey released in 2023, Naperville, IL is a predominantly white area, with 68.4% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Naperville, IL is asian, making up 15.0% of the population. Foreign-born residents account for 18.9% of the population in Naperville, IL, and this percentage has increased by 25.2% 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 | 68.4% | -6.8% |
% Black | 3.0% | -3.2% |
% Hispanic | 10.4% | 55.2% |
% Asian | 15.0% | 4.9% |
% Foreign Born | 18.9% | 25.2% |
Mortgage and Risk — Naperville, IL
According to HUD data as of 2023, there were 429 mortgage originations in Naperville, IL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Naperville, IL. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 429 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Naperville, IL
As of 2024, the percent of homes in Naperville, IL under the Section 8 program is 9.2%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Naperville, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 347 |
Total Units Section 8 | 347 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 95.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,790 | $1,990 |
| 2 Bedroom | -$390 | $2,640 | $2,250 |
| 3 Bedroom | -$410 | $3,300 | $2,890 |
| 4 Bedroom | $40 | $3,350 | $3,390 |
Affordability — Naperville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $609,000 |
| Median Household Income | $156,000 |