Taylorville, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Taylorville Neighborhoods Since 2000




Taylorville, IL Real Estate Data


Taylorville Housing Market Information

With 10,873 people, 4,956 houses or apartments, and a median cost of homes of $90,680, 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 77.18% of the city's housing units. Other types of housing that are prevalent in Taylorville include large apartment complexes or high rise apartments ( 8.48%), duplexes, homes converted to apartments or other small apartment buildings ( 8.15%), and a few mobile homes or trailers ( 5.67%).

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 59.32% owning and 40.68% renting.

The housing in Taylorville was primarily built before 1939 ( 32.63%), making the housing stock in Taylorville some of the oldest overall in America, although there is a range of ages of homes in Taylorville. The next most important housing age is between 1940-1969 ( 31.86%), followed by between 1970-1999 ( 29.56%). There's also some housing in Taylorville built between 2000 and later ( 5.95%).

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 11.74%, which ranks in the top 40% nationwide. This equates to an annual average Taylorville house appreciation rate of 1.12%.

NeighborhoodScout's data show that during the latest twelve months, Taylorville's appreciation rate, at 4.57%, has been at or slightly above the national average. In the latest quarter, Taylorville's appreciation rate has been -0.08%, which annualizes to a rate of -0.30%.

Notably, Taylorville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Illinois, our data show that Taylorville's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$90,680

Taylorville, IL HOME PRICES

Value Range
> $1,091,000 0.3
$818,001 - $1,091,000 0.7
$545,001 - $818,000 0.1
$437,001 - $545,000 0.5
$327,001 - $437,000 1.0
$218,001 - $327,000 2.9
$109,001 - $218,000 29.7
$54,001 - $109,000 53.7
$0 - $54,000 11.1

Very Low for IL
Very Low for Nation

Value Relative to Nation Value Relative to State
84.9475903261697 80.379746835443

Number Of Homes And Apartments:
4,956

Rent & Ownership

 

Average Market Rent:
$732 / per month

Homeownership Rate

Homeownership
Owners 59.32
Renters 40.68
Vacant 8.43

Housing Market Details

 

Age of Homes

AGE OF Taylorville HOMES
2000 or Newer 5.9
1970 - 1999 29.6
1940 - 1969 31.9
1939 or Older 32.6

Types of Homes

TYPE OF Taylorville HOMES
Single-Family 77.2
Townhomes 0.5
Small Apt. Buildings 8.1
Apt. Complexes 8.5
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Taylorville HOMES
No Bedroom 3.79
1 Bedroom 9.41
2 Bedrooms 34.65
3 Bedrooms 40.82
4 Bedrooms 9.02
5 or more bedrooms 2.33

Taylorville 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
36.90% 1.86% 8 4
* 10 is highest