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 28,364 people, 10,981 houses or apartments, and a median cost of homes of $767,732, Glen Ellyn house prices are not only among the most expensive in Illinois, Glen Ellyn real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Glen Ellyn, accounting for 62.33% of the village's housing units. Other types of housing that are prevalent in Glen Ellyn include large apartment complexes or high rise apartments ( 26.31%), row houses and other attached homes ( 8.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.58%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glen Ellyn. Owner-occupied housing accounts for 77.68% of Glen Ellyn's homes, and 59.09% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Glen Ellyn 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 Glen Ellyn built between 1940-1969 ( 32.36%). A lesser amount of the housing stock also hails from before 1939 ( 16.44%). There's also some housing in Glen Ellyn built between 2000 and later ( 13.84%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Glen Ellyn, where house values have increased just 50.59%, which is annualized rate of 4.18%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Glen Ellyn that despite a nationwide downturn in the housing market, Glen Ellyn real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glen Ellyn appreciation rates continue to be some of the highest in America, at 8.66%, which is higher than appreciation rates in 77.48% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glen Ellyn. Glen Ellyn appreciation rates in the latest quarter were at 2.79%, which equates to an annual appreciation rate of 11.63%.
Relative to Illinois, our data show that Glen Ellyn'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 village. Individual neighborhoods within Glen Ellyn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glen Ellyn - 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 Glen Ellyn real estate investment or home purchase decisions.
$767,732
for Illinois
for nation
10,981
$2,164 / per month