Hinsdale appreciation rates and housing market information

Hinsdale housing market information

With 17,482 people, 6,276 houses or apartments, and a median cost of homes of $901,177, Hinsdale house prices are not only among the most expensive in Illinois, Hinsdale real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Hinsdale, accounting for 76.18% of the village's housing units. Other types of housing that are prevalent in Hinsdale include large apartment complexes or high rise apartments (16.06%), row houses and other attached homes (5.47%), and a few duplexes, homes converted to apartments, or other small apartment buildings (2.14%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Hinsdale. Owner-occupied housing accounts for 79.21% of Hinsdale's homes, and 58.11% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hinsdale's housing was primarily built during this period, from the '40s through the '60s. A full 39.24% of the village's housing hails from this era. Other housing ages represented in Hinsdale include homes built between 1970-1994 (28.55%), and housing constructed from 1939 and earlier (24.55%). There's also some housing in Hinsdale built between 1995 and later (7.66%).

Hinsdale home appreciation rates

Appreciation rates for homes in Hinsdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.61%, which ranks in the top 20% nationwide. This equates to an annual average Hinsdale house appreciation rate of 10.56%.

Over the last year, Hinsdale appreciation rates have trailed the rest of the nation. In the last twelve months, Hinsdale's appreciation rate has been -1.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hinsdale were at 0.10%, which equates to an annual appreciation rate of 0.40%.

Relative to Illinois, our data show that Hinsdale's latest annual appreciation rate is higher than 34% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Hinsdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hinsdale - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Hinsdale real estate investment or home purchase decisions.