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 1,130, 442 total housing units (homes and apartments), and a median house value of $219,980, house prices in St. Anne are solidly below the national average.
Single-family detached homes are the single most common housing type in St. Anne, accounting for 85.77% of the village's housing units. Other types of housing that are prevalent in St. Anne include large apartment complexes or high rise apartments ( 7.71%), duplexes, homes converted to apartments or other small apartment buildings ( 3.95%), and a few mobile homes or trailers ( 1.38%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Anne. Owner-occupied housing accounts for 75.79% of St. Anne's homes, and 67.39% have either three or four bedrooms, which is average sized relative to America.
The housing in St. Anne was primarily built before 1939 ( 38.54%), making the housing stock in St. Anne some of the oldest overall in America, although there is a range of ages of homes in St. Anne. The next most important housing age is between 1940-1969 ( 32.61%), followed by between 1970-1999 ( 24.51%). There's also some housing in St. Anne built between 2000 and later ( 4.35%).
Vacant housing appears to be an issue in St. Anne. Fully 12.65% of the housing stock is classified as vacant. Left unchecked, vacant St. Anne homes and apartments can be a drag on the real estate market, holding St. Anne 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.
St. Anne's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in St. Anne during the period has been just 5.61%, which is lower than 70% of US communities.
Appreciation rates are so strong in St. Anne that despite a nationwide downturn in the housing market, St. Anne real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Anne appreciation rates continue to be some of the highest in America, at 6.75%, which is higher than appreciation rates in 82.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Anne. St. Anne appreciation rates in the latest quarter were at 1.84%, which equates to an annual appreciation rate of 7.57%.
Importantly, this makes St. Anne one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Illinois, our data show that St. Anne's latest annual appreciation rate is higher than 50% of the other cities and towns in Illinois.
$219,980
for Illinois
for nation
442
$1,478 / per month