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 40,154 people, 14,341 houses or apartments, and a median cost of homes of $411,515, Bartlett real estate is some of the most expensive in Illinois, although Bartlett home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Bartlett, accounting for 69.57% of the village's housing units. Other types of housing that are prevalent in Bartlett include row houses and other attached homes ( 15.79%), large apartment complexes or high rise apartments ( 7.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bartlett. Owner-occupied housing accounts for 86.16% of Bartlett's homes, and 71.55% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Bartlett 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 Bartlett built between 2000 and later ( 20.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.15%). There's also some housing in Bartlett built before 1939 ( 1.74%).
Bartlett's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bartlett during the period has been just 5.58%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Bartlett's appreciation rate, at 10.30%, has been at or slightly above the national average. In the latest quarter, Bartlett's appreciation rate has been 1.60%, which annualizes to a rate of 6.56%.
Relative to Illinois, our data show that Bartlett's latest annual appreciation rate is lower than 50% 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 Bartlett differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bartlett - 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 Bartlett real estate investment or home purchase decisions.
$411,515
for Illinois
for nation
14,341
$3,547 / per month