Woodstock, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Woodstock Neighborhoods Since 2000




Woodstock, 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

Woodstock Housing Market Information

With a population of 25,189, 9,360 total housing units (homes and apartments), and a median house value of $169,214, Woodstock 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 Woodstock, accounting for 55.71% of the city's housing units. Other types of housing that are prevalent in Woodstock include large apartment complexes or high rise apartments ( 19.83%), row houses and other attached homes ( 14.15%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.06%).

The most prevalent building size and type in Woodstock are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.62% owning and 39.38% renting.

There is a lot of housing in Woodstock 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 Woodstock built between 2000 and later ( 24.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.71%). There's also some housing in Woodstock built before 1939 ( 17.88%).

Woodstock Home Appreciation Rates

Homes have actually lost value in Woodstock over the last then years, as home values have seen a decline of 29.58% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Woodstock 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, Woodstock's appreciation rate, at 3.69%, has been at or slightly above the national average. In the latest quarter, Woodstock's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

Relative to Illinois, our data show that Woodstock's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Woodstock differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Woodstock - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Woodstock real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$169,214

Woodstock, IL HOME PRICES

Value Range
> $1,080,000 0.3
$810,001 - $1,080,000 0.7
$540,001 - $810,000 1.7
$432,001 - $540,000 1.5
$324,001 - $432,000 7.3
$216,001 - $324,000 22.1
$108,001 - $216,000 51.9
$54,001 - $108,000 12.2
$0 - $54,000 2.2

High for IL
Average for Nation

Value Relative to Nation Value Relative to State
41.9196062346185 33.5443037974684

Number Of Homes And Apartments:
9,360

Woodstock 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
-4.33% -0.26% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,219 / per month

Homeownership Rate

Homeownership
Owners 60.62
Renters 39.38
Vacant 9.34

Housing Market Details

 

Age of Homes

AGE OF Woodstock HOMES
2000 or Newer 25.0
1970 - 1999 37.4
1940 - 1969 19.7
1939 or Older 17.9

Types of Homes

TYPE OF Woodstock HOMES
Single-Family 55.7
Townhomes 14.2
Small Apt. Buildings 10.1
Apt. Complexes 19.8
Mobile Homes 0.1
Other 0.1

Home Size

SIZE OF Woodstock HOMES
No Bedroom 2.49
1 Bedroom 12.22
2 Bedrooms 33.01
3 Bedrooms 33.26
4 Bedrooms 15.58
5 or more bedrooms 3.44