Winnetka, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Winnetka Neighborhoods Since 2000




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 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

Winnetka Housing Market Information

With a population of 12,472, 3,989 total housing units (homes and apartments), and a median house value of $1,052,230, 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 ( 89.88%).

The housing in Winnetka was primarily built before 1939 ( 48.18%), 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 ( 21.77%), followed by between 1970-1999 ( 15.78%). There's also some housing in Winnetka built between 2000 and later ( 14.27%).

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 -0.75% 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 0.43%, which equates to an annual appreciation rate of 1.74%.

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

 

Median Home Value:
$1,052,230

Winnetka, IL HOME PRICES

Value Range
> $1,107,000 45.6
$830,001 - $1,107,000 23.6
$553,001 - $830,000 15.2
$443,001 - $553,000 4.2
$332,001 - $443,000 3.1
$221,001 - $332,000 3.5
$111,001 - $221,000 3.0
$55,001 - $111,000 0.8
$0 - $55,000 0.9

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
0.943396226415094 0.253164556962025

Number Of Homes And Apartments:
3,989

Winnetka 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
38.33% 1.90% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,746 / per month

Homeownership Rate

Homeownership
Owners 89.88
Renters 10.12
Vacant 5.61

Housing Market Details

 

Age of Homes

AGE OF Winnetka HOMES
2000 or Newer 14.3
1970 - 1999 15.8
1940 - 1969 21.8
1939 or Older 48.2

Types of Homes

TYPE OF Winnetka HOMES
Single-Family 84.5
Townhomes 2.2
Small Apt. Buildings 1.7
Apt. Complexes 11.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Winnetka HOMES
No Bedroom 1.09
1 Bedroom 5.70
2 Bedrooms 8.05
3 Bedrooms 15.88
4 Bedrooms 31.31
5 or more bedrooms 37.98