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Coal Valley, IL Real Estate


According to census data in the year 2000 there were 1,443 housing units in Coal Valley. This represents a 48.5% growth from 972 in 1990.

Of those housing units, 1,407 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.

Homeownership rate in Coal Valley is about 91.7%. Coal Valley's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Coal Valley were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.30%
Two Bedrooms26.50%
Three Bedrooms52.70%
Four Bedrooms14.90%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1972
Median Value of occupied units$99,000
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1958
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.50%
Home Equity Loan9.80%
Simple Mortgage51.70%
Debt Free28%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%