Baird & Warner's Market Report

Naperville, IL

Single-Family Homes

www.BairdWarner.com



Naperville, IL

Fri Mar 29 2024
This week the median list price for Naperville, IL is $899,900 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 95. Click here to stay informed with the Naperville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Naperville, IL

Fri Mar 29 2024
This week the median list price for Naperville, IL is $899,900 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 95. Click here to stay informed with the Naperville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Naperville market.
Median List Price $899,900
Median Price of New Listings $797,000
Per Square Foot $289
Average Days on Market 114
Median Days on Market 28
Price Decreased 19%
Price Increased 11%
Relisted 17%
Inventory 95
Median Rent
Market Action 46
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,647,000 4,000 0.25 - 0.5 acre 4 4.5 9 1 3 70
$1,064,469 3,414 0.25 - 0.5 acre 4 4.3 17 4 3 24
$799,450 3,195 0.25 - 0.5 acre 4 3 28 9 3 7
$520,000 2,075 8,000 - 10,000 sqft 3 2.5 46 6 7 17