Breese, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Breese Neighborhoods Since 2000




Breese, 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

Breese Housing Market Information

With a population of 4,506, 1,828 total housing units (homes and apartments), and a median house value of $144,313, Breese real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Breese, accounting for 84.26% of the city's housing units. Other types of housing that are prevalent in Breese include mobile homes or trailers ( 6.37%), duplexes, homes converted to apartments or other small apartment buildings ( 3.91%), and a few large apartment complexes or high rise apartments ( 3.31%).

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 84.84% of Breese's homes, and 62.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Breese 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 Breese built between 1940-1969 ( 24.21%). A lesser amount of the housing stock also hails from before 1939 ( 23.71%). There's also some housing in Breese built between 2000 and later ( 20.20%).

Breese Home Appreciation Rates

Real estate appreciation rates in Breese's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.33% during the period.

Over the last year, Breese appreciation rates have trailed the rest of the nation. In the last twelve months, Breese's appreciation rate has been 1.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Breese were at 1.03%, which equates to an annual appreciation rate of 4.19%.

Relative to Illinois, our data show that Breese's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$144,313

Breese, IL HOME PRICES

Value Range
> $1,030,000 0.2
$773,001 - $1,030,000 0.0
$515,001 - $773,000 0.6
$412,001 - $515,000 2.6
$309,001 - $412,000 2.0
$206,001 - $309,000 17.2
$103,001 - $206,000 51.0
$51,001 - $103,000 18.4
$0 - $51,000 7.9

Average for IL
Average for Nation

Value Relative to Nation Value Relative to State
52.6045939294504 43.7974683544304

Number Of Homes And Apartments:
1,828

Breese Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
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
23.28% 1.22% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$979 / per month

Homeownership Rate

Homeownership
Owners 84.84
Renters 15.16
Vacant 8.37

Housing Market Details

 

Age of Homes

AGE OF Breese HOMES
2000 or Newer 20.2
1970 - 1999 31.9
1940 - 1969 24.2
1939 or Older 23.7

Types of Homes

TYPE OF Breese HOMES
Single-Family 84.3
Townhomes 2.2
Small Apt. Buildings 3.9
Apt. Complexes 3.3
Mobile Homes 6.4
Other 0.0

Home Size

SIZE OF Breese HOMES
No Bedroom 0.00
1 Bedroom 13.38
2 Bedrooms 23.16
3 Bedrooms 54.39
4 Bedrooms 7.62
5 or more bedrooms 1.45

Popular Neighborhoods in Breese

Zip Codes in Breese, IL