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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Breese, IL Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Breese, IL Housing Market Trends

With a population of 4,632, 1,941 total housing units (homes and apartments), and a median house value of $217,717, house prices in Breese are solidly below the national average.

Single-family detached homes are the single most common housing type in Breese, accounting for 74.03% of the city's housing units. Other types of housing that are prevalent in Breese include duplexes, homes converted to apartments or other small apartment buildings ( 11.03%), large apartment complexes or high rise apartments ( 5.67%), and a few mobile homes or trailers ( 3.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Breese. Owner-occupied housing accounts for 74.25% of Breese's homes, and 58.68% have either three or four bedrooms, which is average sized relative to America.

Breese homes and real estate are some of the newest in America. 31.68% of Breese's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Breese real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.67%), and between 1940-1969 ( 22.41%). There's also some housing in Breese built before 1939 ( 18.24%).

Breese Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Breese, where house values have increased just 37.20%, which is annualized rate of 3.21%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Breese's appreciation rate, at 6.65%, has been at or slightly above the national average. In the latest quarter, Breese's appreciation rate has been -0.41%, which annualizes to a rate of -1.64%.

Relative to Illinois, our data show that Breese's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.

Average Home Values

Median Home Value

$217,717

Breese, IL Home Prices
> $1,212,000
$909,001 - $1,212,000
$606,001 - $909,000
$485,001 - $606,000
$364,001 - $485,000
$242,001 - $364,000
$121,001 - $242,000
$61,001 - $121,000
$0 - $61,000
0.0%
0.0%
0.0%
0.0%
1.4%
1.4%
2.0%
2.0%
6.7%
6.7%
28.5%
28.5%
44.4%
44.4%
13.9%
13.9%
3.1%
3.1%
0% 100.0%
% of Homes
Average

for Illinois

Low

for nation

Number of Homes And Apartments:

1,941

Breese Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,230 / per month

Homeownership Rate

Owners
Renters
74.3%
74.3%
25.7%
25.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.0%
0.0%
100.0%
100.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
31.7%
31.7%
27.7%
27.7%
22.4%
22.4%
18.2%
18.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.0%
74.0%
3.0%
3.0%
11.0%
11.0%
5.7%
5.7%
3.8%
3.8%
2.5%
2.5%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.8%
3.8%
8.2%
8.2%
23.6%
23.6%
46.7%
46.7%
12.0%
12.0%
5.6%
5.6%
0% 100.0%
% of Homes