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Grandwood Park, IL Housing

 
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As of 2010-2014, median price of a house in Grandwood Park is $243,800, which is higher than the state average of $175,700 and is higher than the national average of $175,700. The Grandwood Park median house value has grown by 47.31% since 2000. The growth rate for the price of a house in Grandwood Park is higher than the state average rate of 34.33% and is about the same as the national average rate of 46.91%. The median year that a house in Grandwood Park was built is 1990, which is newer than the median year for a house built in the state which is 1967 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,442 Owner Occupied Houses in Grandwood Park, IL, #115
Grandwood Park, IL
243,800 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #334
Grandwood Park, IL
47.31%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Grandwood Park, ILIllinoisU.S.
Total Housing Units1,811, see rank, 100%5,299,433132,741,033
Occupied Housing Units1,730, 95.53%, see rank90.17%87.55%
Owner Occupied1,442, 79.62%, see rank60.28%56.34%
Renter Occupied288, 15.90%, see rank29.89%31.21%
Vacant Housing Units81, 4.47%, see rank9.83%12.45%
For Rent0, 0.00%, see rank2.18%2.34%
For Sale Only50, 2.76%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant31, 1.71%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #84
Grandwood Park, ILIllinoisU.S.
199019671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Grandwood Park, IL%IllinoisU.S.
Owner-Occupied Units1,442100%3,194,70774,787,460
With a Mortgage1,20583.56%, see rank67.18%65.58%
Without a Mortgage23716.44%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Grandwood Park, IL
2,156 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGrandwood Park, IL%IllinoisU.S.
$299 or Less00.00%, see rank0.14%0.20%
$300 to $49900.00%, see rank1.21%1.59%
$500 to $69900.00%, see rank4.05%5.01%
$700 to $999473.90%, see rank11.52%14.32%
$1,000 to $1,49920216.76%, see rank24.62%27.90%
$1,500 to $1,99926922.32%, see rank22.62%20.35%
$2,000 to $2,99945237.51%, see rank24.08%19.52%
$3,000 or More23519.50%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grandwood Park, IL
24.60% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grandwood Park, IL%IllinoisU.S.
10% or Less635.23%, see rank5.20%5.86%
10% to 20%43436.02%, see rank31.00%31.95%
20% to 30%33527.80%, see rank27.90%27.64%
30% to 40%20316.85%, see rank14.28%13.74%
40% or More17014.11%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Grandwood Park, IL
802 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGrandwood Park, IL%IllinoisU.S.
$199 or Less00.00%, see rank4.12%7.76%
$200 to $29900.00%, see rank8.95%14.70%
$300 to $499229.28%, see rank27.30%34.63%
$500 to $6996828.69%, see rank25.34%21.16%
$700 or More14762.03%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Grandwood Park, IL
16.30% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Grandwood Park, IL%IllinoisU.S.
10% or Less8736.71%, see rank34.64%40.19%
10% to 20%5623.63%, see rank34.00%31.47%
20% to 30%6427.00%, see rank13.55%12.24%
30% to 40%00.00%, see rank6.36%5.64%
40% or More229.28%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Grandwood Park, ILIllinoisU.S.
Total Housing Units1,811, 100%5,299,433132,741,033
1-unit, Detached1,438, 79.40%, see rank58.58%61.65%
1-unit, Attached250, 13.80%, see rank5.85%5.82%
2 Units0, 0.00%, see rank5.71%3.75%
3 or 4 Units0, 0.00%, see rank6.80%4.43%
5 to 9 Units9, 0.50%, see rank6.22%4.78%
10 or More Units114, 6.29%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Grandwood Park, ILIllinoisU.S.
Total Housing Units1,811, 100%5,299,433132,741,033
1 Room0, 0.00%, see rank2.20%1.95%
2 Rooms42, 2.32%, see rank2.22%2.48%
3 Rooms30, 1.66%, see rank8.27%9.13%
4 Rooms187, 10.33%, see rank16.08%16.60%
5 Rooms282, 15.57%, see rank20.31%20.41%
6 Rooms232, 12.81%, see rank18.17%18.06%
7 Rooms175, 9.66%, see rank12.12%12.27%
8 Rooms186, 10.27%, see rank8.93%8.48%
9 Rooms or More677, 37.38%, see rank11.70%10.60%
Median Rooms7.30, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Grandwood Park, ILIllinoisU.S.
Total Housing Units1,811, 100%5,299,433132,741,033
No Bedroom0, 0.00%, see rank2.50%2.17%
1 Bedroom51, 2.82%, see rank11.67%11.16%
2 Bedrooms286, 15.79%, see rank29.01%26.69%
3 Bedrooms694, 38.32%, see rank36.76%39.70%
4 Bedrooms631, 34.84%, see rank15.97%16.05%
5 or More Bedrooms149, 8.23%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Grandwood Park, ILIllinoisU.S.
Total Housing Units1,730, 100%4,778,633116,211,092
Utility Gas1,643, 94.97%, see rank79.46%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank4.08%4.86%
Electricity79, 4.57%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood0, 0.00%, see rank0.50%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.45%0.47%
No Fuel Used8, 0.46%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalGrandwood Park, ILIllinoisU.S.
Occupied Units Paying Rent280, 100%1,513,61739,201,928
$199 or Less0, 0.00%, see rank1.84%1.50%
$200 to $29926, 9.29%, see rank3.23%3.18%
$300 to $4990, 0.00%, see rank7.28%7.37%
$500 to $6998, 2.86%, see rank15.00%16.01%
$700 to $9998, 2.86%, see rank33.11%29.17%
$1,000 to $1,499151, 53.93%, see rank26.04%26.88%
$1,500 to $1,99954, 19.29%, see rank8.81%9.79%
$2,000 or More33, 11.79%, see rank4.70%6.10%
Median$1,279, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Grandwood Park, ILIllinoisU.S.
Occupied Housing Units1,730, 100%4,778,633116,211,092
No Vehicles Available35, 2.02%, see rank10.79%9.12%
1 Vehicles Available405, 23.41%, see rank35.14%33.80%
2 Vehicles Available821, 47.46%, see rank36.99%37.48%
3 or More Vehicles Available469, 27.11%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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