Sauk Village, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sauk Village, IL Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Sauk Village Housing Market Information

With 10,493 people, 3,380 houses or apartments, and a median cost of homes of $88,542, house prices in Sauk Village are some of the most affordable in Illinois as well as the nation.

Single-family detached homes are the single most common housing type in Sauk Village, accounting for 79.71% of the village's housing units. Other types of housing that are prevalent in Sauk Village include mobile homes or trailers ( 7.49%), large apartment complexes or high rise apartments ( 6.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.53%).

The most prevalent building size and type in Sauk Village are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 60.60% owning and 39.40% renting.

There is a lot of housing in Sauk Village 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 Sauk Village built between 1940-1969 ( 37.35%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.94%). There's also some housing in Sauk Village built before 1939 ( 3.36%).

Vacant housing appears to be an issue in Sauk Village. Fully 18.34% of the housing stock is classified as vacant. Left unchecked, vacant Sauk Village homes and apartments can be a drag on the real estate market, holding Sauk Village real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sauk Village Home Appreciation Rates

Homes have actually lost value in Sauk Village over the last then years, as home values have seen a decline of 40.52% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Sauk Village home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

Over the last year, Sauk Village appreciation rates have trailed the rest of the nation. In the last twelve months, Sauk Village's appreciation rate has been 1.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sauk Village were at 0.43%, which equates to an annual appreciation rate of 1.74%.

Relative to Illinois, our data show that Sauk Village's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$88,542

Sauk Village, IL HOME PRICES

Value Range
> $1,031,000 0.3
$773,001 - $1,031,000 0.0
$516,001 - $773,000 0.0
$413,001 - $516,000 0.1
$309,001 - $413,000 0.7
$206,001 - $309,000 4.4
$103,001 - $206,000 31.6
$52,001 - $103,000 39.4
$0 - $52,000 23.5

Very Low for IL
Very Low for Nation

Value Relative to Nation Value Relative to State
85.0404312668464 80.7594936708861

Number Of Homes And Apartments:
3,380

Sauk Village Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-14.40% -0.90% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,482 / per month

Homeownership Rate

Homeownership
Owners 60.60
Renters 39.40
Vacant 18.34

Housing Market Details

 

Age of Homes

AGE OF Sauk Village HOMES
2000 or Newer 11.9
1970 - 1999 47.4
1940 - 1969 37.4
1939 or Older 3.4

Types of Homes

TYPE OF Sauk Village HOMES
Single-Family 79.7
Townhomes 2.7
Small Apt. Buildings 3.5
Apt. Complexes 6.6
Mobile Homes 7.5
Other 0.0

Home Size

SIZE OF Sauk Village HOMES
No Bedroom 0.58
1 Bedroom 5.92
2 Bedrooms 10.58
3 Bedrooms 63.13
4 Bedrooms 16.94
5 or more bedrooms 2.85

Popular Neighborhoods in Sauk Village

Zip Codes in Sauk Village, IL