Cherry, IL Real Estate
According to census data in the year 2000 there were 226 housing units in Cherry.
This represents a 13.6% growth from 199 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 226 were located in what is classified as a rural area.
Homeownership rate in Cherry is about 82.1%.
Cherry's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Cherry were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4% |
| Two Bedrooms | 38.90% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $66,700 |
| Median Price asked for vacant units | $87,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1944 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 53.30% |
| Debt Free | 38.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
