Streator, IL


Highest Appreciating Streator Neighborhoods Since 2000

Streator, IL Real Estate Data

Streator Housing Market Information

With a population of 13,182, 5,213 total housing units (homes and apartments), and a median house value of $99,235, house prices in Streator are solidly below the national average.

Single-family detached homes are the single most common housing type in Streator, accounting for 76.34% of the city's housing units. Other types of housing that are prevalent in Streator include large apartment complexes or high rise apartments ( 9.96%), duplexes, homes converted to apartments or other small apartment buildings ( 9.31%), and a few mobile homes or trailers ( 2.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Streator. Owner-occupied housing accounts for 66.19% of Streator's homes, and 51.64% have either three or four bedrooms, which is average sized relative to America.

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. Streator's housing was primarily built during this period, from the '40s through the '60s. A full 39.30% of the city's housing hails from this era. Other housing ages represented in Streator include homes built before 1939 ( 36.66%) and housing constructed between 1970-1999 ( 16.97%). There's also some housing in Streator built between 2000 and later ( 7.07%).

Vacant housing appears to be an issue in Streator. Fully 13.33% of the housing stock is classified as vacant. Left unchecked, vacant Streator homes and apartments can be a drag on the real estate market, holding Streator 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.

Streator Home Appreciation Rates

Real estate appreciation rates in Streator's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.71% during the period.

Over the last year, Streator appreciation rates have trailed the rest of the nation. In the last twelve months, Streator's appreciation rate has been 2.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Streator were at 0.64%, which equates to an annual appreciation rate of 2.60%.

Relative to Illinois, our data show that Streator's latest annual appreciation rate is lower than 50% 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 city. Individual neighborhoods within Streator differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Streator - 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 Streator real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,035,000 0.5
$776,001 - $1,035,000 0.4
$518,001 - $776,000 0.6
$414,001 - $518,000 0.3
$310,001 - $414,000 0.4
$207,001 - $310,000 4.2
$104,001 - $207,000 27.7
$52,001 - $104,000 51.0
$0 - $52,000 14.9

Low for IL
Low for Nation

Value Relative to Nation Value Relative to State
77.9737489745693 72.0253164556962

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$607 / per month

Homeownership Rate

Owners 66.19
Renters 33.81
Vacant 13.33

Housing Market Details


Age of Homes

2000 or Newer 7.1
1970 - 1999 17.0
1940 - 1969 39.3
1939 or Older 36.7

Types of Homes

Single-Family 76.3
Townhomes 1.7
Small Apt. Buildings 9.3
Apt. Complexes 10.0
Mobile Homes 2.7
Other 0.0

Home Size

No Bedroom 1.33
1 Bedroom 13.48
2 Bedrooms 30.59
3 Bedrooms 40.05
4 Bedrooms 11.59
5 or more bedrooms 2.96

Streator Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
20.04% 1.06% 4 2
* 10 is highest