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Will County Gazette

Sunday, November 24, 2024

Naperville (Will County) home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Naperville in Will County rose by $10,000 while total sales increased by 17.5%, according to BlockShopper.com.

From January through March of 2017, there were 141 homes sold, with a median sale price of $410,000 - a 2.5% increase over the $400,000 median sale price for the same period of the previous year. There were 120 homes sold in Naperville in the first quarter of 2016.

The median sales tax in Naperville for 2017 was $10,587.52. In 2016, the median sales tax was $10,594.10. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Naperville to other Will County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Graver Country Estates20-$456,500$0-
Naperville14112017.5%$410,000$400,0002.5%
River Edge Estates110%$392,500$167,000135%
Frankfort877516%$366,500$310,00018.2%
Brook Crossings Estates20-$342,500$0-
Wheatland View3250%$335,000$250,00034%
Spencer81700%$327,002.50$304,1867.5%
Homer Glen835550.9%$297,000$255,00016.5%
Wellington Heights23-33.3%$292,000$150,00094.7%
Mokena685328.3%$249,000$240,0003.8%
Plainfield17913928.8%$249,000$235,0006%
* This story only considers sales data for the part of Naperville that is in Will County.

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