Winnetka, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Winnetka Housing Market Information

With a population of 12,316, 4,134 total housing units (homes and apartments), and a median house value of $1,305,783, Winnetka house prices are not only among the most expensive in Illinois, Winnetka real estate also is some of the most expensive in all of America.

Winnetka is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Winnetka than is found in 98% of the communities in America.

The large homes that make up Winnetka are primarily owner-occupied ( 89.00%).

The housing in Winnetka was primarily built before 1939 ( 45.48%), making the housing stock in Winnetka some of the oldest overall in America, although there is a range of ages of homes in Winnetka. The next most important housing age is between 1940-1969 ( 27.95%), followed by between 1970-1999 ( 13.94%). There's also some housing in Winnetka built between 2000 and later ( 12.63%).

Winnetka Home Appreciation Rates

Real estate appreciation rates in Winnetka's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.87% during the period.

Over the last year, Winnetka appreciation rates have trailed the rest of the nation. In the last twelve months, Winnetka's appreciation rate has been 2.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winnetka were at 1.05%, which equates to an annual appreciation rate of 4.26%.

Relative to Illinois, our data show that Winnetka's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.

Average Home Values

 
info

Median Home Value:
$1,305,783

Winnetka, IL HOME PRICES

> $1,090,000
53.6%
53.6%
$818,001 - $1,090,000
21.8%
21.8%
$545,001 - $818,000
11.1%
11.1%
$436,001 - $545,000
4.5%
4.5%
$327,001 - $436,000
3.3%
3.3%
$218,001 - $327,000
3.3%
3.3%
$109,001 - $218,000
1.3%
1.3%
$54,001 - $109,000
0.0%
0.0%
$0 - $54,000
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for IL

Value Relative To Nation

Number Of Homes And Apartments:
4,134

Winnetka Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
48.60% 1.93%
8
3
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$2,747 / per month

Homeownership Rate

Owners
89.0%
89.0%
Renters
11.0%
11.0%
Vacant
7.8%
7.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
12.6%
12.6%
1970 - 1999
13.9%
13.9%
1940 - 1969
28.0%
28.0%
1939 or Older
45.5%
45.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
84.1%
84.1%
Townhomes
3.8%
3.8%
Small Apt. Buildings
1.9%
1.9%
Apt. Complexes
9.8%
9.8%
Mobile Homes
0.5%
0.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.0%
1.0%
1 Bedroom
4.8%
4.8%
2 Bedrooms
8.8%
8.8%
3 Bedrooms
18.1%
18.1%
4 Bedrooms
32.1%
32.1%
5 or more bedrooms
35.3%
35.3%
0.0% 100.0%
% OF HOMES