Du Quoin, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Du Quoin Neighborhoods Since 2000




Du Quoin, 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

Du Quoin Housing Market Information

With a population of 5,949, 2,570 total housing units (homes and apartments), and a median house value of $60,545, house prices in Du Quoin are some of the most affordable in Illinois as well as the nation.

Single-family detached homes are the single most common housing type in Du Quoin, accounting for 63.41% of the city's housing units. Other types of housing that are prevalent in Du Quoin include large apartment complexes or high rise apartments ( 14.43%), duplexes, homes converted to apartments or other small apartment buildings ( 13.64%), and a few mobile homes or trailers ( 6.84%).

People in Du Quoin primarily live in small (one, two or no bedroom) single-family detached homes. Du Quoin has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Du Quoin 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 Du Quoin built between 1940-1969 ( 34.42%). A lesser amount of the housing stock also hails from before 1939 ( 22.26%). There's also some housing in Du Quoin built between 2000 and later ( 6.71%).

Vacant housing appears to be an issue in Du Quoin. Fully 15.52% of the housing stock is classified as vacant. Left unchecked, vacant Du Quoin homes and apartments can be a drag on the real estate market, holding Du Quoin 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.

Du Quoin Home Appreciation Rates

Real estate appreciation rates in Du Quoin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.21% during the period.

Over the last year, Du Quoin appreciation rates have trailed the rest of the nation. In the last twelve months, Du Quoin's appreciation rate has been 1.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Du Quoin were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$60,545

Du Quoin, IL HOME PRICES

Value Range
> $1,003,000 0.0
$752,001 - $1,003,000 0.0
$501,001 - $752,000 0.3
$401,001 - $501,000 0.0
$301,001 - $401,000 0.8
$200,001 - $301,000 4.8
$100,001 - $200,000 13.2
$50,001 - $100,000 39.4
$0 - $50,000 41.4

Very Low for IL
Very Low for Nation

Value Relative to Nation Value Relative to State
97.9491386382281 98.1012658227848

Number Of Homes And Apartments:
2,570

Du Quoin 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
24.99% 1.30% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$599 / per month

Homeownership Rate

Homeownership
Owners 63.69
Renters 36.31
Vacant 15.52

Housing Market Details

 

Age of Homes

AGE OF Du Quoin HOMES
2000 or Newer 6.7
1970 - 1999 36.6
1940 - 1969 34.4
1939 or Older 22.3

Types of Homes

TYPE OF Du Quoin HOMES
Single-Family 63.4
Townhomes 1.7
Small Apt. Buildings 13.6
Apt. Complexes 14.4
Mobile Homes 6.8
Other 0.0

Home Size

SIZE OF Du Quoin HOMES
No Bedroom 4.31
1 Bedroom 14.23
2 Bedrooms 42.27
3 Bedrooms 30.18
4 Bedrooms 7.92
5 or more bedrooms 1.08