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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 9,423 people, 4,086 houses or apartments, and a median cost of homes of $139,128, house prices in LaSalle are solidly below the national average.
Single-family detached homes are the single most common housing type in LaSalle, accounting for 76.33% of the city's housing units. Other types of housing that are prevalent in LaSalle include duplexes, homes converted to apartments or other small apartment buildings ( 12.97%), large apartment complexes or high rise apartments ( 6.42%), and a few row houses and other attached homes ( 3.47%).
People in LaSalle primarily live in small (one, two or no bedroom) single-family detached homes. LaSalle has a mixture of owner-occupied and renter-occupied housing.
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. LaSalle's housing was primarily built during this period, from the '40s through the '60s. A full 40.35% of the city's housing hails from this era. Other housing ages represented in LaSalle include homes built before 1939 ( 28.84%) and housing constructed between 1970-1999 ( 22.92%). There's also some housing in LaSalle built between 2000 and later ( 7.88%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in LaSalle, where house values have increased just 50.37%, which is annualized rate of 4.16%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, LaSalle's appreciation rate, at 9.18%, has been at or slightly above the national average. In the latest quarter, LaSalle's appreciation rate has been 3.98%, which annualizes to a rate of 16.90%.
Relative to Illinois, our data show that LaSalle's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.
$139,128
for Illinois
for nation
4,086
$1,301 / per month