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 6,642, 2,330 total housing units (homes and apartments), and a median house value of $297,692, Orland Hills 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 Orland Hills, accounting for 77.21% of the village's housing units. Other types of housing that are prevalent in Orland Hills include large apartment complexes or high rise apartments ( 17.44%), duplexes, homes converted to apartments or other small apartment buildings ( 3.50%), and a few row houses and other attached homes ( 1.85%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Orland Hills. Owner-occupied housing accounts for 80.09% of Orland Hills's homes, and 81.35% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Orland Hills 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 Orland Hills built between 2000 and later ( 15.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.33%). There's also some housing in Orland Hills built before 1939 ( 3.78%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Orland Hills, where house values have increased just 52.38%, which is annualized rate of 4.30%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Orland Hills's appreciation rate, at 6.55%, has been at or slightly above the national average. In the latest quarter, Orland Hills's appreciation rate has been 2.79%, which annualizes to a rate of 11.63%.
Relative to Illinois, our data show that Orland Hills's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois.
$297,692
for Illinois
for nation
2,330
$4,213 / per month