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
With 797 people, 313 houses or apartments, and a median cost of homes of $150,728, Woodridge 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 Woodridge, accounting for 56.65% of the village's housing units. Other types of housing that are prevalent in Woodridge include large apartment complexes or high rise apartments ( 25.45%), duplexes, homes converted to apartments or other small apartment buildings ( 11.38%), and a few row houses and other attached homes ( 4.60%).
Renters dominate Woodridge's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in Woodridge 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 Woodridge built between 1940-1969 ( 30.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.39%). There's also some housing in Woodridge built before 1939 ( 12.02%).
A decent proportion of the Woodridge housing stock is seasonally occupied. That is, homes and condos in Woodridge are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Woodridge housing market speaks to its popularity as a vacation location of choice.
Real estate appreciation rates in Woodridge's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.
Over the last year, Woodridge appreciation rates have trailed the rest of the nation. In the last twelve months, Woodridge's appreciation rate has been 0.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodridge were at -0.56%, which equates to an annual appreciation rate of -2.23%.
Notably, Woodridge's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Woodridge's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
|$778,001 - $1,037,000||1.1|
|$519,001 - $778,000||2.5|
|$415,001 - $519,000||2.7|
|$311,001 - $415,000||2.6|
|$207,001 - $311,000||26.3|
|$104,001 - $207,000||38.3|
|$52,001 - $104,000||23.9|
|$0 - $52,000||1.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Woodridge HOMES|
|2000 or Newer||17.4|
|1970 - 1999||40.0|
|1940 - 1969||30.6|
|1939 or Older||12.0|
|TYPE OF Woodridge HOMES|
|Small Apt. Buildings||11.4|
|SIZE OF Woodridge HOMES|
|5 or more bedrooms||3.96|