Woodfield—36849
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodfield
Woodfield lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — Woodfield
Woodfield lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Woodfield
Woodfield lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Woodfield
As of the latest ACS Survey released in 2023, Woodfield has a population of 5,220, which has increased by 27.2% over the past 5 years. Woodfield is a less popular place for families, as children make up 0.3% of the population. The area has a poorly educated workforce, with 0.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,220 | 27.2% |
% Under 18 | 0.3% | -40.0% |
% Seniors | 0.0% | N/A |
% WFH | 18.6% | 322.7% |
% w/ College Degree | 0.0% | -100.0% |
As of the latest ACS Survey released in 2023, Woodfield is a predominantly white area, with 49.9% of the population identifying as white. The white population has shrunk by 41.8% in the last 5 years. The second most common race or ethnicity in Woodfield is black, making up 42.2% of the population. Foreign-born residents account for 1.9% of the population in Woodfield, and this percentage has decreased by 54.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.9% | -41.8% |
% Black | 42.2% | 486.1% |
% Hispanic | 2.8% | 40.0% |
% Asian | 0.9% | -78.6% |
% Foreign Born | 1.9% | -54.8% |
Mortgage and Risk — Woodfield
According to HUD data as of 2023, there were 8 mortgage originations in Woodfield, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Woodfield. Investor activity is high, as 50.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 8 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 50.0% |
% Second Loans | 38.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Woodfield
Woodfield lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Woodfield
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |