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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hawthorn Woods, 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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Hawthorn Woods, IL Housing Market Trends

With 9,306 people, 2,936 houses or apartments, and a median cost of homes of $617,509, Hawthorn Woods house prices are not only among the most expensive in Illinois, Hawthorn Woods real estate also is some of the most expensive in all of America.

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

The large homes that make up Hawthorn Woods are primarily owner-occupied ( 97.58%).

There is a lot of housing in Hawthorn Woods 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 Hawthorn Woods built between 2000 and later ( 42.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.02%).

Hawthorn Woods Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Hawthorn Woods, where house values have increased just 38.32%, which is annualized rate of 3.30%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Hawthorn Woods appreciation rates have trailed the rest of the nation. In the last twelve months, Hawthorn Woods's appreciation rate has been 4.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hawthorn Woods were at 0.21%, which equates to an annual appreciation rate of 0.86%.

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

Average Home Values

Median Home Value

$617,509

Hawthorn Woods, IL Home Prices
> $1,183,000
$887,001 - $1,183,000
$591,001 - $887,000
$474,001 - $591,000
$355,001 - $474,000
$237,001 - $355,000
$118,001 - $237,000
$59,001 - $118,000
$0 - $59,000
5.2%
5.2%
9.8%
9.8%
38.6%
38.6%
19.3%
19.3%
16.2%
16.2%
6.0%
6.0%
2.0%
2.0%
0.5%
0.5%
2.5%
2.5%
0% 100.0%
% of Homes
Very High

for Illinois

Very High

for nation

Number of Homes And Apartments:

2,936

Hawthorn Woods Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,701 / per month

Homeownership Rate

Owners
Renters
97.6%
97.6%
2.4%
2.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.5%
1.5%
98.5%
98.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
42.8%
42.8%
47.3%
47.3%
9.0%
9.0%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
97.9%
97.9%
0.0%
0.0%
0.0%
0.0%
0.6%
0.6%
1.5%
1.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
1.5%
1.5%
2.4%
2.4%
14.5%
14.5%
64.9%
64.9%
16.4%
16.4%
0% 100.0%
% of Homes