Wauconda, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wauconda Neighborhoods Since 2000




Wauconda, 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

Wauconda Housing Market Information

With 13,814 people, 4,940 houses or apartments, and a median cost of homes of $243,288, Wauconda real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Wauconda, accounting for 63.39% of the village's housing units. Other types of housing that are prevalent in Wauconda include row houses and other attached homes ( 14.73%), large apartment complexes or high rise apartments ( 10.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wauconda. Owner-occupied housing accounts for 72.98% of Wauconda's homes, and 62.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Wauconda 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 Wauconda built between 2000 and later ( 32.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.75%). There's also some housing in Wauconda built before 1939 ( 8.18%).

Wauconda Home Appreciation Rates

Homes have actually lost value in Wauconda over the last then years, as home values have seen a decline of 26.12% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Wauconda home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

NeighborhoodScout's data show that during the latest twelve months, Wauconda's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Wauconda's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$243,288

Wauconda, IL HOME PRICES

Value Range
> $1,124,000 0.6
$843,001 - $1,124,000 1.2
$562,001 - $843,000 3.9
$450,001 - $562,000 4.5
$337,001 - $450,000 13.6
$225,001 - $337,000 28.5
$113,001 - $225,000 33.1
$56,001 - $113,000 9.2
$0 - $56,000 5.3

Very High for IL
High for Nation

Value Relative to Nation Value Relative to State
23.5556076409235 15.5696202531646

Number Of Homes And Apartments:
4,940

Wauconda 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
2.00% 0.12% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,628 / per month

Homeownership Rate

Homeownership
Owners 72.98
Renters 27.02
Vacant 4.91

Housing Market Details

 

Age of Homes

AGE OF Wauconda HOMES
2000 or Newer 32.8
1970 - 1999 38.3
1940 - 1969 20.8
1939 or Older 8.2

Types of Homes

TYPE OF Wauconda HOMES
Single-Family 63.4
Townhomes 14.7
Small Apt. Buildings 7.3
Apt. Complexes 10.2
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Wauconda HOMES
No Bedroom 0.00
1 Bedroom 7.31
2 Bedrooms 27.39
3 Bedrooms 34.21
4 Bedrooms 27.89
5 or more bedrooms 3.20