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Saturday, April 4, 2020

Naperville (Will County) home prices rise in the first quarter of 2018

Real Estate

By Local Labs News Service | Apr 14, 2018

Re 6

The median sale price of a home sold in the first quarter of 2018 in Naperville in Will County rose by $19,900 while total sales decreased by 27%, according to BlockShopper.com.

From January through March of 2018, there were 103 homes sold, with a median sale price of $429,900 - a 4.9% increase over the $410,000 median sale price for the same period of the previous year. There were 141 homes sold in Naperville in the first quarter of 2017.

The median sales tax in Naperville for the most recent year with available data, 2017, was $10,587.50, approximately 2.5% of the median home sale price for the first quarter of 2018.

The following table compares Naperville to other Will County cities with similar median sales prices in the first quarter of 2018:

City
Jan. - Mar. 2018 Home Sales
Jan. - Mar. 2017 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2018 Median Sales Price
Jan. - Mar. 2017 Median Sales Price
% change (Median Sales Price)
Naperville
103
141
-27%
$429,900
$410,000
4.9%
Frankfort
52
87
-40.2%
$375,000
$366,500
2.3%
River Edge Estates
1
1
0%
$370,000
$392,500
-5.7%
Graver Country Estates
1
2
-50%
$351,250
$456,500
-23.1%
Homer Glen
49
83
-41%
$317,000
$297,000
6.7%
Willowbrook
3
14
-78.6%
$290,000
$197,500
46.8%
Manhattan
33
46
-28.3%
$282,485
$223,000
26.7%
Plainfield
123
179
-31.3%
$257,000
$249,000
3.2%
New Lenox
79
127
-37.8%
$248,390
$233,000
6.6%
Cherry Hill
2
2
0%
$243,500
$173,750
40.1%
Mokena
33
68
-51.5%
$243,000
$249,000
-2.4%
* This story only considers sales data for the part of Naperville that is in Will County.

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