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 10,046, 3,931 total housing units (homes and apartments), and a median house value of $449,403, Winfield real estate is some of the most expensive in Illinois, although Winfield home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Winfield, accounting for 67.03% of the village's housing units. Other types of housing that are prevalent in Winfield include row houses and other attached homes ( 22.19%), large apartment complexes or high rise apartments ( 4.70%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.08%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Winfield. Owner-occupied housing accounts for 92.55% of Winfield's homes, and 65.99% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Winfield 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 Winfield built between 1940-1969 ( 22.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.38%). There's also some housing in Winfield built before 1939 ( 1.73%).
Winfield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Winfield during the period has been just 4.48%, which is lower than 80% of US communities.
Over the last year, Winfield appreciation rates have trailed the rest of the nation. In the last twelve months, Winfield's appreciation rate has been 4.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winfield were at 0.21%, which equates to an annual appreciation rate of 0.86%.
Relative to Illinois, our data show that Winfield's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.
$449,403
for Illinois
for nation
3,931
$2,207 / per month