Naperville's October First-Time Homebuyer Report

Naperville is a medium-sized city in Illinois with a median income of $98,087 per household. Besides being very affluent, its population is older than others with a median age of 37 years. 60540, 60564, and 60565 are its three most populated zip codes. The Naperville market is primarily made up of detached houses, which currently account for 79% of the homes for sale in the area. Leading the list of best schools in the city are Highlands Elementary School, Gordon Gregory Middle School, and Naperville Central High School.

Price Range

Homes in Naperville are generally more expensive than others in the state with a median home value of $324,500 and an average list price of $470,653. 60564, 60565, and 60540 are the costliest places in the city.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Naperville:

$799K   $624K   $939K  

Typical Dwelling

A four-bedroom detached home valued around $521,054 is considered a typical dwelling in Naperville. If a buyer was looking for a similar home, they would need good credit and a $104,211 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,931 and the property tax rate is $18.51 per $1,000 of taxable assessed value.

Get started right now by checking out Naperville homes for sale or reviewing Naperville real estate trends.

Data reported through 10/13/2016


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Compass Reo Incorporated
Snapped 7 homes in this area
RE/MAX Professionals Select
Snapped 235 homes in this area
Baird & Warner
Snapped 6 homes in this area

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