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Huntley, 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 Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Huntley, IL Housing Market Trends

With 28,008 people, 12,113 houses or apartments, and a median cost of homes of $345,194, Huntley real estate is some of the most expensive in Illinois, although Huntley home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Huntley, accounting for 75.15% of the village's housing units. Other types of housing that are prevalent in Huntley include row houses and other attached homes ( 13.50%), large apartment complexes or high rise apartments ( 8.91%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.44%).

Dwellings in Huntley tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.03% of the homes in Huntley have two or fewer bedrooms.

Huntley homes and real estate are some of the newest in America. 76.74% of Huntley's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Huntley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 19.73%), and before 1939 ( 1.97%). There's also some housing in Huntley built between 1940-1969 ( 1.56%).

Huntley Home Appreciation Rates

Real estate appreciation rates in Huntley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.36% during the period.

Over the last year, Huntley appreciation rates have trailed the rest of the nation. In the last twelve months, Huntley's appreciation rate has been 11.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huntley were at 4.54%, which equates to an annual appreciation rate of 19.45%.

Relative to Illinois, our data show that Huntley's latest annual appreciation rate is higher 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 Huntley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntley - 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 Huntley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$345,194

Huntley, IL HOME PRICES

> $1,311,000
$983,001 - $1,311,000
$655,001 - $983,000
$524,001 - $655,000
$393,001 - $524,000
$262,001 - $393,000
$131,001 - $262,000
$66,001 - $131,000
$0 - $66,000
0.6%
0.6%
0.2%
0.2%
0.9%
0.9%
5.2%
5.2%
27.2%
27.2%
47.9%
47.9%
14.6%
14.6%
0.7%
0.7%
2.7%
2.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for IL

Value Relative To Nation

Number Of Homes And Apartments:
12,113

Huntley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
44.94% 1.64%
2
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,621 / per month

Homeownership Rate

Owners
Renters
Vacant
87.5%
87.5%
12.5%
12.5%
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
76.7%
76.7%
19.7%
19.7%
1.6%
1.6%
2.0%
2.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.1%
75.1%
13.5%
13.5%
2.4%
2.4%
8.9%
8.9%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
2.5%
2.5%
45.9%
45.9%
25.6%
25.6%
20.1%
20.1%
4.3%
4.3%
0.0% 100.0%
% OF HOMES