Taylorville, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Taylorville Neighborhoods Since 2000




Taylorville, 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

Taylorville Housing Market Information

With a population of 10,873, 4,815 total housing units (homes and apartments), and a median house value of $79,923, house prices in Taylorville 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 Taylorville, accounting for 76.32% of the city's housing units. Other types of housing that are prevalent in Taylorville include large apartment complexes or high rise apartments ( 9.27%), duplexes, homes converted to apartments or other small apartment buildings ( 7.61%), and a few mobile homes or trailers ( 5.40%).

The most prevalent building size and type in Taylorville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.67% owning and 36.33% renting.

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. Taylorville's housing was primarily built during this period, from the '40s through the '60s. A full 35.08% of the city's housing hails from this era. Other housing ages represented in Taylorville include homes built before 1939 ( 29.60%) and housing constructed between 1970-1999 ( 28.23%). There's also some housing in Taylorville built between 2000 and later ( 7.10%).

Taylorville Home Appreciation Rates

Appreciation rates for homes in Taylorville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.70%, which ranks in the top 40% nationwide. This equates to an annual average Taylorville house appreciation rate of 0.65%.

Over the last year, Taylorville appreciation rates have trailed the rest of the nation. In the last twelve months, Taylorville's appreciation rate has been 0.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Taylorville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$79,923

Taylorville, IL HOME PRICES

Value Range
> $1,028,000 0.0
$771,001 - $1,028,000 0.0
$514,001 - $771,000 0.0
$411,001 - $514,000 0.2
$308,001 - $411,000 1.1
$206,001 - $308,000 3.5
$103,001 - $206,000 29.5
$52,001 - $103,000 54.1
$0 - $52,000 11.6

Very Low for IL
Very Low for Nation

Value Relative to Nation Value Relative to State
90.5601781319583 88.8607594936709

Number Of Homes And Apartments:
4,815

Taylorville 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
30.73% 1.57% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$805 / per month

Homeownership Rate

Homeownership
Owners 63.67
Renters 36.33
Vacant 8.11

Housing Market Details

 

Age of Homes

AGE OF Taylorville HOMES
2000 or Newer 7.1
1970 - 1999 28.2
1940 - 1969 35.1
1939 or Older 29.6

Types of Homes

TYPE OF Taylorville HOMES
Single-Family 76.3
Townhomes 1.4
Small Apt. Buildings 7.6
Apt. Complexes 9.3
Mobile Homes 5.4
Other 0.0

Home Size

SIZE OF Taylorville HOMES
No Bedroom 2.90
1 Bedroom 11.13
2 Bedrooms 34.37
3 Bedrooms 40.48
4 Bedrooms 7.94
5 or more bedrooms 3.19