Glencoe, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Glencoe Neighborhoods Since 2000




Glencoe, 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

Glencoe Housing Market Information

With a population of 8,945, 3,041 total housing units (homes and apartments), and a median house value of $885,333, Glencoe house prices are not only among the most expensive in Illinois, Glencoe real estate also is some of the most expensive in all of America.

Glencoe is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Glencoe than is found in 98% of the communities in America.

The large homes that make up Glencoe are primarily owner-occupied ( 93.01%).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Glencoe's housing was primarily built during this period, from the '40s through the '60s. A full 37.86% of the village's housing hails from this era. Other housing ages represented in Glencoe include homes built before 1939 ( 32.29%) and housing constructed between 1970-1999 ( 14.94%). There's also some housing in Glencoe built between 2000 and later ( 14.91%).

Glencoe Home Appreciation Rates

Real estate appreciation rates in Glencoe's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

Over the last year, Glencoe appreciation rates have trailed the rest of the nation. In the last twelve months, Glencoe's appreciation rate has been 1.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glencoe were at 0.43%, which equates to an annual appreciation rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$885,333

Glencoe, IL HOME PRICES

Value Range
> $1,090,000 40.0
$817,001 - $1,090,000 21.5
$545,001 - $817,000 24.6
$436,001 - $545,000 1.9
$327,001 - $436,000 4.1
$218,001 - $327,000 3.5
$109,001 - $218,000 3.5
$54,001 - $109,000 0.6
$0 - $54,000 0.2

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
1.50005859603891 0.506329113924051

Number Of Homes And Apartments:
3,041

Glencoe 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
27.49% 1.42% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,543 / per month

Homeownership Rate

Homeownership
Owners 93.01
Renters 6.99
Vacant 7.46

Housing Market Details

 

Age of Homes

AGE OF Glencoe HOMES
2000 or Newer 14.9
1970 - 1999 14.9
1940 - 1969 37.9
1939 or Older 32.3

Types of Homes

TYPE OF Glencoe HOMES
Single-Family 93.2
Townhomes 1.9
Small Apt. Buildings 0.9
Apt. Complexes 4.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Glencoe HOMES
No Bedroom 1.28
1 Bedroom 2.37
2 Bedrooms 8.06
3 Bedrooms 19.42
4 Bedrooms 40.75
5 or more bedrooms 28.12