Sandwich, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sandwich Neighborhoods Since 2000




Sandwich, IL Real Estate Data


Sandwich Housing Market Information

With 7,366 people, 2,641 houses or apartments, and a median cost of homes of $175,157, Sandwich real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Sandwich, accounting for 66.62% of the city's housing units. Other types of housing that are prevalent in Sandwich include duplexes, homes converted to apartments or other small apartment buildings ( 16.67%), row houses and other attached homes ( 6.62%), and a few large apartment complexes or high rise apartments ( 5.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sandwich. Owner-occupied housing accounts for 65.57% of Sandwich's homes, and 63.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sandwich 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 Sandwich built before 1939 ( 24.48%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.49%). There's also some housing in Sandwich built between 2000 and later ( 13.98%).

Sandwich Home Appreciation Rates

Sandwich's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sandwich during the period has been just -2.04%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Sandwich's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, Sandwich's appreciation rate has been 1.63%, which annualizes to a rate of 6.69%.

Relative to Illinois, our data show that Sandwich's latest annual appreciation rate is higher than 80% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$175,157

Sandwich, IL HOME PRICES

Value Range
> $1,078,000 0.0
$809,001 - $1,078,000 0.0
$539,001 - $809,000 0.0
$431,001 - $539,000 0.6
$323,001 - $431,000 2.1
$216,001 - $323,000 27.0
$108,001 - $216,000 50.6
$53,001 - $108,000 8.6
$0 - $53,000 11.1

High for IL
Average for Nation

Value Relative to Nation Value Relative to State
40.914680564502 34.0506329113924

Number Of Homes And Apartments:
2,641

Rent & Ownership

 

Average Market Rent:
$1,117 / per month

Homeownership Rate

Homeownership
Owners 65.57
Renters 34.43
Vacant 7.50

Housing Market Details

 

Age of Homes

AGE OF Sandwich HOMES
2000 or Newer 14.0
1970 - 1999 39.1
1940 - 1969 22.5
1939 or Older 24.5

Types of Homes

TYPE OF Sandwich HOMES
Single-Family 66.6
Townhomes 6.6
Small Apt. Buildings 16.7
Apt. Complexes 5.2
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Sandwich HOMES
No Bedroom 0.28
1 Bedroom 11.80
2 Bedrooms 21.19
3 Bedrooms 46.73
4 Bedrooms 16.32
5 or more bedrooms 3.68

Sandwich 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
11.17% 0.62% 2 1
* 10 is highest