Arlington Heights, IL

Population: 76,024
Average annual home appreciation rate: 7.83%
Total of homes for sale in this market: 433
Median home price: $342,618
Median Rent: $1,271
Home price range: 25.42% of homes are between $316,001 – $421,000
Median sales price: $325,000
Number of homes: 220
Median foreclosure sales price: $166,000
Foreclosure discount: $109,000 ( 39.6% )
Most common home type: 55.30% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.13%
Number of renters: 24.20%
Number of owner occupied: 75.80%
Number people living below poverty level: 4.20%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Arlington Heights area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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