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Aledo, IL Real Estate


According to census data in the year 2000 there were 1,577 housing units in Aledo. This represents a 2.5% growth from 1,538 in 1990.

Of those housing units, 1,532 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.

Homeownership rate in Aledo is about 70.8%. Aledo's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Aledo were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom12%
Two Bedrooms33.60%
Three Bedrooms39.40%
Four Bedrooms11.80%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1950
Median Value of occupied units$67,800
Median Price asked for vacant units$49,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1955
Median Monthly Rent asked for vacant units$312

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan7.80%
Simple Mortgage39.70%
Debt Free45.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%