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 9,627 people, 3,171 houses or apartments, and a median cost of homes of $218,007, house prices in Sauk Village are solidly below the national average.
Single-family detached homes are the single most common housing type in Sauk Village, accounting for 74.82% of the village's housing units. Other types of housing that are prevalent in Sauk Village include mobile homes or trailers ( 10.29%), row houses and other attached homes ( 8.06%), and a few large apartment complexes or high rise apartments ( 4.79%).
The most prevalent building size and type in Sauk Village are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.42% owning and 41.58% renting.
There is a lot of housing in Sauk Village 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 Sauk Village built between 1940-1969 ( 30.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.62%).
Vacant housing appears to be an issue in Sauk Village. Fully 13.67% of the housing stock is classified as vacant. Left unchecked, vacant Sauk Village homes and apartments can be a drag on the real estate market, holding Sauk Village real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Sauk Village have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.36%, which ranks in the top 30% nationwide. This equates to an annual average Sauk Village house appreciation rate of 7.67%.
NeighborhoodScout's data show that during the latest twelve months, Sauk Village's appreciation rate, at 3.68%, has been at or slightly above the national average. In the latest quarter, Sauk Village's appreciation rate has been 2.33%, which annualizes to a rate of 9.65%.
Relative to Illinois, our data show that Sauk Village's latest annual appreciation rate is lower than 80% of the other cities and towns in Illinois.
$218,007
for Illinois
for nation
3,171
$2,893 / per month