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 14,496 people, 5,418 houses or apartments, and a median cost of homes of $305,252, Shiloh real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Shiloh, accounting for 67.29% of the village's housing units. Other types of housing that are prevalent in Shiloh include large apartment complexes or high rise apartments ( 15.71%), duplexes, homes converted to apartments or other small apartment buildings ( 7.14%), and a few row houses and other attached homes ( 5.67%).
The most prevalent building size and type in Shiloh are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.44% owning and 35.56% renting.
Shiloh homes and real estate are some of the newest in America. 49.12% of Shiloh's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Shiloh real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.92%), and between 1940-1969 ( 6.30%). There's also some housing in Shiloh built before 1939 ( 1.65%).
Shiloh's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Shiloh during the period has been just 5.46%, which is lower than 70% of US communities.
Appreciation rates are so strong in Shiloh that despite a nationwide downturn in the housing market, Shiloh real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Shiloh appreciation rates continue to be some of the highest in America, at 12.98%, which is higher than appreciation rates in 79.15% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Shiloh. Shiloh appreciation rates in the latest quarter were at 3.86%, which equates to an annual appreciation rate of 16.35%.
Relative to Illinois, our data show that Shiloh's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.
$305,252
for Illinois
for nation
5,418
$1,884 / per month