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 a population of 12,805, 4,126 total housing units (homes and apartments), and a median house value of $323,041, Minooka real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Minooka, accounting for 82.19% of the village's housing units. Other types of housing that are prevalent in Minooka include row houses and other attached homes ( 15.58%), duplexes, homes converted to apartments or other small apartment buildings ( 2.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Minooka. Owner-occupied housing accounts for 95.25% of Minooka's homes, and 85.45% have either three or four bedrooms, which is average sized relative to America.
Minooka homes and real estate are some of the newest in America. 67.20% of Minooka'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 Minooka real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.91%), and between 1940-1969 ( 2.85%). There's also some housing in Minooka built before 1939 ( 1.03%).
Real estate appreciation rates in Minooka's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.78% during the period.
Over the last year, Minooka appreciation rates have trailed the rest of the nation. In the last twelve months, Minooka'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 Minooka were at 0.21%, which equates to an annual appreciation rate of 0.86%.
Relative to Illinois, our data show that Minooka's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.
$323,041
for Illinois
for nation
4,126
$2,099 / per month