Glenview, IL Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glenview, IL Housing Market Trends

With a population of 47,308, 17,630 total housing units (homes and apartments), and a median house value of $577,152, 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 61.64% of the village's housing units. Other types of housing that are prevalent in Glenview include large apartment complexes or high rise apartments ( 21.07%), row houses and other attached homes ( 13.76%), and a few mobile homes or trailers ( 1.72%).

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 80.41% of Glenview's homes, and 57.85% 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 41.27% of the village's housing hails from this era. Other housing ages represented in Glenview include homes built between 1970-1999 ( 31.68%) and housing constructed between 2000 and later ( 24.16%). There's also some housing in Glenview built before 1939 ( 2.89%).

Glenview Home Appreciation Rates

Real estate appreciation rates in Glenview's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.08% during the period.

Over the last year, Glenview appreciation rates have trailed the rest of the nation. In the last twelve months, Glenview's appreciation rate has been 2.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glenview were at 1.26%, which equates to an annual appreciation rate of 5.16%.

Notably, Glenview's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Illinois, our data show that Glenview's latest annual appreciation rate is lower than 80% 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:
$577,152

Glenview, IL HOME PRICES

> $1,075,000
11.9%
11.9%
$806,001 - $1,075,000
14.3%
14.3%
$537,001 - $806,000
24.3%
24.3%
$430,001 - $537,000
17.1%
17.1%
$323,001 - $430,000
14.5%
14.5%
$215,001 - $323,000
10.4%
10.4%
$108,001 - $215,000
5.6%
5.6%
$53,001 - $108,000
0.9%
0.9%
$0 - $53,000
1.0%
1.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for IL

Value Relative To Nation

Number Of Homes And Apartments:
17,630

Glenview Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
48.67% 1.91%
8
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,378 / per month

Homeownership Rate

Owners
80.4%
80.4%
Renters
19.6%
19.6%
Vacant
5.7%
5.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
24.2%
24.2%
1970 - 1999
31.7%
31.7%
1940 - 1969
41.3%
41.3%
1939 or Older
2.9%
2.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
61.6%
61.6%
Townhomes
13.8%
13.8%
Small Apt. Buildings
1.7%
1.7%
Apt. Complexes
21.1%
21.1%
Mobile Homes
1.7%
1.7%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.9%
1.9%
1 Bedroom
6.9%
6.9%
2 Bedrooms
21.7%
21.7%
3 Bedrooms
33.6%
33.6%
4 Bedrooms
24.2%
24.2%
5 or more bedrooms
11.6%
11.6%
0.0% 100.0%
% OF HOMES