Scott AFB, Illinois Real Estate & Housing Market

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Scott AFB Housing Information

Index	Scott AFB	Illinois	National
Median home price	n/a	$174,800	$184,700
Median rent asked	$1,221	$925	$949
Avg. people per household	2.1	2.6	2.6
Owner occupied households	1.7%	66.0%	63.6%
Renter occupied households	98.3%	34.0%	36.4%

Above, you will see a summary of real estate in Scott AFB, IL. On average, homes in Scott AFB, IL cost n/a, a value that is equal to the average in Illinois. In general terms, this results in Scott AFB, IL real estate being n/a affordable than Illinois real estate. On average, people who rent houses in Scott AFB, IL pay $1,221; this value is 32% higher than the average amount renters pay in Illinois. 1.7% of Scott AFB, IL residents own their own homes and, on average, each of the homes has 2.1 occupants. Scott AFB, IL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Scott AFB, IL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Scott AFB Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Scott AFB, IL. To estimate home affordability, one method is to use the ratio of home price to median household income. The Scott AFB, IL’s median home price stands at n/a while $48,472 is the value of the average household income. The resulting home price to income ratio, which is 0.0x, differs from the Illinois average as the ratio is 100% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Scott AFB, IL are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Scott AFB, IL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Rentchler, IL	6	$0	100%
Paderborn, IL	44	$0	100%
Floraville, IL	0	$0	100%
Alorton, IL	1,908	$37,500	80%
Washington Park, IL	4,029	$47,500	74%
Scott AFB, IL	2,982	$0	100%

Cities with similar population

City, State	Population	Home Price	National Avg.
Christopher, IL	2,982	$61,000	67%
Penbrook, PA	2,982	$115,000	38%
Cutten, CA	2,982	$299,100	62%
Manistique, MI	2,983	$62,000	66%
Bethany, MO	2,983	$78,300	58%
Scott AFB, IL	2,982	$0	100%

Source: The Scott AFB, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).