Havana, IL


Highest Appreciating Havana Neighborhoods Since 2000

Havana, 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

Havana Housing Market Information

With 3,076 people, 1,501 houses or apartments, and a median cost of homes of $75,216, house prices in Havana 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 Havana, accounting for 76.88% of the city's housing units. Other types of housing that are prevalent in Havana include duplexes, homes converted to apartments or other small apartment buildings ( 8.93%), large apartment complexes or high rise apartments ( 7.58%), and a few mobile homes or trailers ( 4.62%).

The most prevalent building size and type in Havana are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.63% owning and 35.37% renting.

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. Havana's housing was primarily built during this period, from the '40s through the '60s. A full 39.63% of the city's housing hails from this era. Other housing ages represented in Havana include homes built before 1939 ( 36.87%) and housing constructed between 1970-1999 ( 19.65%). There's also some housing in Havana built between 2000 and later ( 3.85%).

Havana Home Appreciation Rates

Appreciation rates for homes in Havana have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.23%, which ranks in the top 50% nationwide. This equates to an annual average Havana house appreciation rate of 0.12%.

Over the last year, Havana appreciation rates have trailed the rest of the nation. In the last twelve months, Havana's appreciation rate has been 1.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Havana were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values


Median Home Value:


Value Range
> $1,047,000 0.0
$785,001 - $1,047,000 0.0
$524,001 - $785,000 0.0
$419,001 - $524,000 0.0
$314,001 - $419,000 1.0
$209,001 - $314,000 0.0
$105,001 - $209,000 20.7
$52,001 - $105,000 47.4
$0 - $52,000 30.9

Very Low for IL
Very Low for Nation

Value Relative to Nation Value Relative to State
93.0387905777569 91.8987341772152

Number Of Homes And Apartments:

Havana Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
34.62% 1.74% 7 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$696 / per month

Homeownership Rate

Owners 64.63
Renters 35.37
Vacant 3.60

Housing Market Details


Age of Homes

2000 or Newer 3.9
1970 - 1999 19.7
1940 - 1969 39.6
1939 or Older 36.9

Types of Homes

Single-Family 76.9
Townhomes 2.0
Small Apt. Buildings 8.9
Apt. Complexes 7.6
Mobile Homes 4.6
Other 0.0

Home Size

No Bedroom 3.53
1 Bedroom 11.69
2 Bedrooms 31.09
3 Bedrooms 38.21
4 Bedrooms 12.85
5 or more bedrooms 2.63

Popular Neighborhoods in Havana

Zip Codes in Havana, IL