Arlington Heights, IL


Highest Appreciating Arlington Heights Neighborhoods Since 2000

Arlington Heights, IL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arlington Heights Housing Market Information

With a population of 75,926, 30,358 total housing units (homes and apartments), and a median house value of $356,733, Arlington Heights house prices are not only among the most expensive in Illinois, Arlington Heights 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 Arlington Heights, accounting for 55.29% of the village's housing units. Other types of housing that are prevalent in Arlington Heights include large apartment complexes or high rise apartments ( 34.09%), row houses and other attached homes ( 7.44%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arlington Heights. Owner-occupied housing accounts for 74.57% of Arlington Heights's homes, and 52.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arlington Heights built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Arlington Heights built between 1940-1969 ( 41.80%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.75%). There's also some housing in Arlington Heights built before 1939 ( 4.18%).

Arlington Heights Home Appreciation Rates

Arlington Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arlington Heights during the period has been just -1.34%, which is lower than 80% of US communities.

Over the last year, Arlington Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Arlington Heights's appreciation rate has been 2.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arlington Heights were at 0.43%, which equates to an annual appreciation rate of 1.74%.

Relative to Illinois, our data show that Arlington Heights's latest annual appreciation rate is higher than 50% 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 Arlington Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arlington Heights - 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 2000, to assist you in making the best Arlington Heights real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Arlington Heights, IL HOME PRICES

Value Range
> $1,113,000 1.1
$835,001 - $1,113,000 2.3
$557,001 - $835,000 9.9
$445,001 - $557,000 14.5
$334,001 - $445,000 25.6
$223,001 - $334,000 24.4
$111,001 - $223,000 13.1
$56,001 - $111,000 6.3
$0 - $56,000 2.8

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
11.704558771827 7.0253164556962

Number Of Homes And Apartments:

Arlington Heights Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
35.26% 1.77% 8 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,482 / per month

Homeownership Rate

Owners 74.57
Renters 25.43
Vacant 4.44

Housing Market Details


Age of Homes

AGE OF Arlington Heights HOMES
2000 or Newer 5.7
1970 - 1999 48.3
1940 - 1969 41.8
1939 or Older 4.2

Types of Homes

TYPE OF Arlington Heights HOMES
Single-Family 55.3
Townhomes 7.4
Small Apt. Buildings 3.2
Apt. Complexes 34.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Arlington Heights HOMES
No Bedroom 0.58
1 Bedroom 15.54
2 Bedrooms 26.32
3 Bedrooms 29.74
4 Bedrooms 22.53
5 or more bedrooms 5.29