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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 6,656, 2,602 total housing units (homes and apartments), and a median house value of $256,261, Winthrop Harbor real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Winthrop Harbor, accounting for 86.70% of the village's housing units. Other types of housing that are prevalent in Winthrop Harbor include large apartment complexes or high rise apartments ( 8.39%), duplexes, homes converted to apartments or other small apartment buildings ( 3.47%), and a few row houses and other attached homes ( 1.45%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Winthrop Harbor. Owner-occupied housing accounts for 82.02% of Winthrop Harbor's homes, and 70.35% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Winthrop Harbor 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 Winthrop Harbor built between 1940-1969 ( 33.40%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.21%). There's also some housing in Winthrop Harbor built before 1939 ( 5.59%).
Winthrop Harbor's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Winthrop Harbor during the period has been just 4.52%, which is lower than 70% of US communities.
Over the last year, Winthrop Harbor appreciation rates have trailed the rest of the nation. In the last twelve months, Winthrop Harbor's appreciation rate has been 11.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winthrop Harbor were at 4.52%, which equates to an annual appreciation rate of 19.34%.
Relative to Illinois, our data show that Winthrop Harbor's latest annual appreciation rate is higher than 60% of the other cities and towns in Illinois.
Average for Nation
High for IL