Will County Gazette

Will County Gazette

Thursday, April 9, 2020

Naperville (Will County) home prices fall in the fourth quarter of 2018

Real Estate

By Local Labs News Service | Jan 14, 2019

Realestate5

The median sale price of a home sold in the fourth quarter of 2018 in Naperville in Will County fell by $7,500 while total sales increased by 11%, according to BlockShopper.com.

From October through December of 2018, there were 141 homes sold, with a median sale price of $412,500 - a 1.8% decrease over the $420,000 median sale price for the same period of the previous year. There were 127 homes sold in Naperville in the fourth quarter of 2017.

The median sales tax in Naperville for the most recent year with available data, 2017, was $10,587.50, approximately 2.6% of the median home sale price for the fourth quarter of 2018.

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

City
Oct. - Dec. 2018 Home Sales
Oct. - Dec. 2017 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2018 Median Sales Price
Oct. - Dec. 2017 Median Sales Price
% change (Median Sales Price)
Graver Country Estates
1
1
0%
$458,000
$331,500
38.2%
Naperville
141
127
11%
$412,500
$420,000
-1.8%
Frankfort
86
89
-3.4%
$350,250
$373,500
-6.2%
River Edge Estates
3
2
50%
$347,000
$331,000
4.8%
Homer Glen
92
72
27.8%
$332,950
$309,500
7.6%
Tinley Park
20
28
-28.6%
$328,500
$229,000
43.4%
Brook Crossings Estates
1
2
-50%
$308,000
$309,500
-0.5%
Minooka
4
6
-33.3%
$304,950
$257,500
18.4%
Wheatland View
1
0
-
$300,000
$0
-
Plainfield
177
182
-2.7%
$270,000
$265,775
1.6%
Wilton
1
0
-
$270,000
$0
-
* This story only considers sales data for the part of Naperville that is in Will County.

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