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 13,714, 5,113 total housing units (homes and apartments), and a median house value of $391,419, Wood Dale real estate is some of the most expensive in Illinois, although Wood Dale home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Wood Dale, accounting for 51.73% of the city's housing units. Other types of housing that are prevalent in Wood Dale include large apartment complexes or high rise apartments ( 24.09%), row houses and other attached homes ( 16.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wood Dale. Owner-occupied housing accounts for 76.31% of Wood Dale's homes, and 58.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Wood Dale 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 Wood Dale built between 1940-1969 ( 40.67%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.61%). There's also some housing in Wood Dale built before 1939 ( 2.03%).
Wood Dale's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wood Dale during the period has been just 5.04%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Wood Dale's appreciation rate, at 6.67%, has been at or slightly above the national average. In the latest quarter, Wood Dale's appreciation rate has been 2.79%, which annualizes to a rate of 11.63%.
Relative to Illinois, our data show that Wood Dale's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois.
$391,419
for Illinois
for nation
5,113
$2,782 / per month