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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 5,818, 2,184 total housing units (homes and apartments), and a median house value of $114,123, house prices in Carterville are solidly below the national average.
Single-family detached homes are the single most common housing type in Carterville, accounting for 73.97% of the city's housing units. Other types of housing that are prevalent in Carterville include duplexes, homes converted to apartments or other small apartment buildings ( 16.55%), mobile homes or trailers ( 5.50%), and a few large apartment complexes or high rise apartments ( 2.01%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Carterville. Owner-occupied housing accounts for 73.99% of Carterville's homes, and 62.07% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Carterville 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 Carterville built between 2000 and later ( 22.34%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.20%). There's also some housing in Carterville built before 1939 ( 11.69%).
Vacant housing appears to be an issue in Carterville. Fully 12.25% of the housing stock is classified as vacant. Left unchecked, vacant Carterville homes and apartments can be a drag on the real estate market, holding Carterville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Carterville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.01% during the period.
Over the last year, Carterville appreciation rates have trailed the rest of the nation. In the last twelve months, Carterville's appreciation rate has been -0.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Carterville were at -2.01%, which equates to an annual appreciation rate of -7.80%.
Notably, Carterville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Illinois, our data show that Carterville's latest annual appreciation rate is lower than 80% of the other cities and towns in Illinois.
|$734,001 - $979,000||0.0|
|$489,001 - $734,000||1.7|
|$392,001 - $489,000||2.3|
|$294,001 - $392,000||4.4|
|$195,001 - $294,000||9.4|
|$98,001 - $195,000||42.2|
|$49,001 - $98,000||25.8|
|$0 - $49,000||13.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Carterville HOMES|
|2000 or Newer||22.3|
|1970 - 1999||46.8|
|1940 - 1969||19.2|
|1939 or Older||11.7|
|TYPE OF Carterville HOMES|
|Small Apt. Buildings||16.6|
|SIZE OF Carterville HOMES|
|5 or more bedrooms||2.89|