Naperville
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Naperville Real Estate
We're not the only ones who think Naperville, Illinois is an amazing spot to settle down. The city has been labeled time and again as one of the "best places to live in the U.S." by Money Magazine. Unbeatable beauty, high-ranking public and private schools, positive job growth, low crime, rising home appreciation, thriving entertainment and leisure industry (including several world-class golf courses) and close proximity to Chicago have earned this suburban community top desirability.
While downtown Naperville is a vital and active destination on the weekends as folks from surrounding suburbs come for the exceptional shopping, dining and outdoor amusement, the rest of the city's neighborhood streets remain quiet and peaceful homesteads -- never compromised by the outside interest in Naperville's sights and attractions. The curving residential blocks are set back in subdivisions, protected from busier main roads and the traffic of Naperville's popular business district. Bordered by immaculately maintained lawns, towering trees and healthy hedges, most Naperville homes sit on sizeable lots with attached garages and mature vegetation. Fanned around cul-de-sacs and winding, sidewalk-lined lanes, Naperville properties offer homeowners prime outdoor space with the privacy of individual yards and that comforting unity of close-knit neighbors.
For the most part, homebuyers find Naperville real estate is concentrated around single-family detached homes. The majority of these houses are good-sized, four-bedroom properties that start in the high $200,000s for an older split-level or ranch; while newer two-story "McMansions" can easily cost over a million dollars. These days, the average sale price for a two bedroom house in Naperville is about $295,000 with an average market time of 66 days. Three-bedroom properties sell for around $334,000 on average, although there are some that go for between $700,000 and a million dollars. The average sale price for a four- or five-bedroom place in Naperville is approximately $530,000, with countless listings in the million-dollar to 4 million dollar range -- mostly for recently constructed, luxury homes.
Naperville condominiums and townhouses are available, although the supply is more limited than single-family properties. The price range for one bedroom places starts at $100,000 and two-bedrooms begin around $120,000. A few condos are listed for over a million dollars and there are several half-duplexes in the $700,000 range. Townhouses go for anything between $175,000 -- for a nice two-bedroom, two-bath with one-car garage -- and $800,000 for a large four-bedroom place with two-car garage and sprawling back yard.
Naperville market trends
Average sales price
The average sale price of a home in Naperville is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Naperville sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Naperville spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Naperville sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Naperville is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Naperville sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Naperville is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Naperville sign up for the trends report below or contact your Dream Town broker.
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