Baird & Warner's Market Report

Naperville, IL

Single-Family Homes

www.BairdWarner.com



Naperville, IL

Fri Apr 12 2024
This week the median list price for Naperville, IL is $927,497 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has held steady at or around 90. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Naperville, IL

Fri Apr 12 2024
This week the median list price for Naperville, IL is $927,497 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has held steady at or around 90. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Naperville market.
Median List Price $927,497
Median Price of New Listings $824,990
Per Square Foot $300
Average Days on Market 116
Median Days on Market 35
Price Decreased 21%
Price Increased 9%
Relisted 27%
Inventory 90
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,934,950 4,785 0.25 - 0.5 acre 5 5.5 14 1 0 49
$1,133,100 3,407 0.25 - 0.5 acre 4 3.8 19 2 3 31
$799,000 3,197 0.25 - 0.5 acre 4 3.5 24 10 8 21
$549,900 2,049 0.25 - 0.5 acre 4 2.5 39 4 4 21