Home

Banner, IL Real Estate


According to census data in the year 2000 there were 62 housing units in Banner. This represents a 16.2% decline from 74 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 62 were located in what is classified as a rural area.

Homeownership rate in Banner is about 70.2%. Banner's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Banner were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.20%
Two Bedrooms64.50%
Three Bedrooms25.80%
Four Bedrooms6.50%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1958
Median Value of occupied units$45,300
Median Price asked for vacant units$23,800

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1955
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage35.70%
Debt Free64.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%