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 14,841 people, 5,475 houses or apartments, and a median cost of homes of $391,991, Warrenville real estate is some of the most expensive in Illinois, although Warrenville home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Warrenville, accounting for 47.55% of the city's housing units. Other types of housing that are prevalent in Warrenville include row houses and other attached homes ( 30.64%), large apartment complexes or high rise apartments ( 13.76%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Warrenville. Owner-occupied housing accounts for 78.61% of Warrenville's homes, and 55.50% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Warrenville 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 Warrenville built between 1940-1969 ( 15.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.02%). There's also some housing in Warrenville built before 1939 ( 7.08%).
Real estate appreciation rates in Warrenville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.92% during the period.
Appreciation rates are so strong in Warrenville that despite a nationwide downturn in the housing market, Warrenville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Warrenville appreciation rates continue to be some of the highest in America, at 11.08%, which is higher than appreciation rates in 91.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Warrenville. Warrenville 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 Warrenville's latest annual appreciation rate is higher than 90% of the other cities and towns in Illinois.
$391,991
for Illinois
for nation
5,475
$2,797 / per month