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 26,122 people, 9,814 houses or apartments, and a median cost of homes of $445,932, Batavia real estate is some of the most expensive in Illinois, although Batavia home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Batavia, accounting for 69.12% of the city's housing units. Other types of housing that are prevalent in Batavia include large apartment complexes or high rise apartments ( 13.92%), row houses and other attached homes ( 10.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.18%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Batavia. Owner-occupied housing accounts for 76.44% of Batavia's homes, and 61.38% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Batavia 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 Batavia built between 2000 and later ( 19.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.75%). There's also some housing in Batavia built before 1939 ( 16.50%).
Batavia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Batavia during the period has been just 5.30%, which is lower than 70% of US communities.
Appreciation rates are so strong in Batavia that despite a nationwide downturn in the housing market, Batavia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Batavia appreciation rates continue to be some of the highest in America, at 9.58%, which is higher than appreciation rates in 84.90% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Batavia. Batavia appreciation rates in the latest quarter were at 2.79%, which equates to an annual appreciation rate of 11.63%.
Relative to Illinois, our data show that Batavia's latest annual appreciation rate is higher than 80% of the other cities and towns in Illinois.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Batavia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Batavia - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Batavia real estate investment or home purchase decisions.
$445,932
for Illinois
for nation
9,814
$2,047 / per month