Hawthorn Woods, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hawthorn Woods Neighborhoods Since 2000




Hawthorn Woods, 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

Hawthorn Woods Housing Market Information

With 7,961 people, 2,547 houses or apartments, and a median cost of homes of $444,819, 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.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hawthorn Woods. Owner-occupied housing accounts for 98.08% of Hawthorn Woods's homes, and 86.32% have either three or four bedrooms, which is average sized relative to America.

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 ( 29.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.31%).

Hawthorn Woods Home Appreciation Rates

Homes have actually lost value in Hawthorn Woods over the last then years, as home values have seen a decline of 20.20% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hawthorn Woods home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

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 2.60%, 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 0.43%, which equates to an annual appreciation rate of 1.74%.

Relative to Illinois, our data show that Hawthorn Woods's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$444,819

Hawthorn Woods, IL HOME PRICES

Value Range
> $1,097,000 3.7
$823,001 - $1,097,000 3.1
$549,001 - $823,000 28.8
$439,001 - $549,000 17.8
$330,001 - $439,000 17.5
$219,001 - $330,000 15.3
$110,001 - $219,000 11.9
$55,001 - $110,000 0.9
$0 - $55,000 1.1

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
7.57646783077464 4.05063291139241

Number Of Homes And Apartments:
2,547

Hawthorn Woods 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
14.15% 0.77% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,468 / per month

Homeownership Rate

Homeownership
Owners 98.08
Renters 1.92
Vacant 1.32

Housing Market Details

 

Age of Homes

AGE OF Hawthorn Woods HOMES
2000 or Newer 29.6
1970 - 1999 59.7
1940 - 1969 10.3
1939 or Older 0.3

Types of Homes

TYPE OF Hawthorn Woods HOMES
Single-Family 98.8
Townhomes 1.2
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hawthorn Woods HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 0.97
3 Bedrooms 24.87
4 Bedrooms 61.45
5 or more bedrooms 12.71

Popular Neighborhoods in Hawthorn Woods

Zip Codes in Hawthorn Woods, IL