Will County Gazette

Will County Gazette

Sunday, February 16, 2020

Q4 real estate sales report: Naperville

Real Estate

By Local Labs News Service | Mar 17, 2019

Realestate2

Median prices declined in Naperville over last year, and are down 1.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 564 homes sold in Naperville for a median price of $355,000. That's 0.6 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 7 homes in Naperville were in foreclosure.

Median property tax for homeowners in Naperville was $7,353 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Naperville real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
494
$359,190
-
2010
340
$395,010
10%
2011
341
$329,395
-16.6%
2012
535
$349,890
6.2%
2013
565
$378,000
8%
2014
492
$350,860
-7.2%
2015
516
$360,400
2.7%
2016
487
$328,125
-9%
2017
451
$357,000
8.8%
2018
564
$355,000
-0.6%

Median property tax
Median sale price
Effective property tax rate
2010
$10,825.42
$395,010
2.7%
2011
$7,623.53
$329,395
2.3%
2012
$7,720.49
$349,890
2.2%
2013
$7,796.47
$378,000
2.1%
2014
$7,042.65
$350,860
2%
2015
$7,917.16
$360,400
2.2%
2016
$6,954.48
$328,125
2.1%
2017
$7,352.99
$357,000
2.1%

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