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 7,914 people, 3,142 houses or apartments, and a median cost of homes of $382,118, West Dundee real estate is some of the most expensive in Illinois, although West Dundee home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in West Dundee, accounting for 56.32% of the village's housing units. Other types of housing that are prevalent in West Dundee include large apartment complexes or high rise apartments ( 29.07%), duplexes, homes converted to apartments or other small apartment buildings ( 9.17%), and a few row houses and other attached homes ( 5.44%).
The most prevalent building size and type in West Dundee are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 55.00% owning and 45.00% renting.
There is a lot of housing in West Dundee 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 West Dundee built between 2000 and later ( 25.34%). A lesser amount of the housing stock also hails from before 1939 ( 19.52%). There's also some housing in West Dundee built between 1940-1969 ( 11.51%).
Real estate appreciation rates in West Dundee's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.49% during the period.
Over the last year, West Dundee appreciation rates have trailed the rest of the nation. In the last twelve months, West Dundee'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 West Dundee were at 0.21%, which equates to an annual appreciation rate of 0.86%.
Relative to Illinois, our data show that West Dundee's latest annual appreciation rate is higher than 50% of the other cities and towns in Illinois.
$382,118
for Illinois
for nation
3,142
$2,783 / per month