Hawthorn Woods, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hawthorn Woods, IL Real Estate Data


Hawthorn Woods Housing Market Information

With a population of 7,961, 2,583 total housing units (homes and apartments), and a median house value of $466,335, 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 98.49% of Hawthorn Woods's homes, and 86.04% 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 ( 28.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.47%).

Hawthorn Woods Home Appreciation Rates

Hawthorn Woods's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hawthorn Woods during the period has been just -2.03%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Hawthorn Woods's appreciation rate, at 4.45%, has been at or slightly above the national average. In the latest quarter, Hawthorn Woods's appreciation rate has been 1.63%, which annualizes to a rate of 6.69%.

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

Average Home Values

 

Median Home Value:
$466,335

Hawthorn Woods, IL HOME PRICES

Value Range
> $1,123,000 3.4
$842,001 - $1,123,000 4.6
$561,001 - $842,000 27.9
$450,001 - $561,000 17.1
$337,001 - $450,000 18.6
$224,001 - $337,000 14.9
$112,001 - $224,000 11.2
$56,001 - $112,000 0.8
$0 - $56,000 1.4

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
7.1792469403291 4.43037974683544

Number Of Homes And Apartments:
2,583

Rent & Ownership

 

Average Market Rent:
$1,972 / per month

Homeownership Rate

Homeownership
Owners 98.49
Renters 1.51
Vacant 1.22

Housing Market Details

 

Age of Homes

AGE OF Hawthorn Woods HOMES
2000 or Newer 28.5
1970 - 1999 59.5
1940 - 1969 11.5
1939 or Older 0.5

Types of Homes

TYPE OF Hawthorn Woods HOMES
Single-Family 98.9
Townhomes 1.1
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 1.91
3 Bedrooms 24.78
4 Bedrooms 61.26
5 or more bedrooms 12.05

Hawthorn Woods Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
16.74% 0.91% 3 2
* 10 is highest

Popular Neighborhoods in Hawthorn Woods

Zip Codes in Hawthorn Woods, IL