Glenview, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Glenview Neighborhoods Since 2000




Glenview, 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

Glenview Housing Market Information

With a population of 47,446, 16,863 total housing units (homes and apartments), and a median house value of $544,325, Glenview house prices are not only among the most expensive in Illinois, Glenview real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Glenview, accounting for 66.11% of the village's housing units. Other types of housing that are prevalent in Glenview include large apartment complexes or high rise apartments ( 17.99%), row houses and other attached homes ( 12.74%), and a few mobile homes or trailers ( 1.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenview. Owner-occupied housing accounts for 80.47% of Glenview's homes, and 60.93% have either three or four bedrooms, which is average sized relative to America.

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. Glenview's housing was primarily built during this period, from the '40s through the '60s. A full 41.51% of the village's housing hails from this era. Other housing ages represented in Glenview include homes built between 1970-1999 ( 34.02%) and housing constructed between 2000 and later ( 20.40%). There's also some housing in Glenview built before 1939 ( 4.07%).

Glenview Home Appreciation Rates

Glenview's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Glenview during the period has been just -0.96%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Glenview's appreciation rate, at 3.51%, has been at or slightly above the national average. In the latest quarter, Glenview's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Glenview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glenview - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Glenview real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$544,325

Glenview, IL HOME PRICES

Value Range
> $1,146,000 7.6
$860,001 - $1,146,000 12.6
$573,001 - $860,000 24.5
$459,001 - $573,000 14.5
$344,001 - $459,000 15.8
$229,001 - $344,000 11.9
$115,001 - $229,000 8.9
$57,001 - $115,000 2.3
$0 - $57,000 1.9

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
4.82831360600023 2.91139240506329

Number Of Homes And Apartments:
16,863

Glenview 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
42.18% 2.06% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,010 / per month

Homeownership Rate

Homeownership
Owners 80.47
Renters 19.53
Vacant 4.54

Housing Market Details

 

Age of Homes

AGE OF Glenview HOMES
2000 or Newer 20.4
1970 - 1999 34.0
1940 - 1969 41.5
1939 or Older 4.1

Types of Homes

TYPE OF Glenview HOMES
Single-Family 66.1
Townhomes 12.7
Small Apt. Buildings 1.5
Apt. Complexes 18.0
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Glenview HOMES
No Bedroom 0.91
1 Bedroom 6.65
2 Bedrooms 21.53
3 Bedrooms 32.91
4 Bedrooms 28.02
5 or more bedrooms 9.99