Galva, IL Real Estate
According to census data in the year 2000 there were 1,261 housing units in Galva.
This represents a 2.7% decline from 1,296 in 1990.
Of those housing units, 1,203 were located in either urbanized areas or urban clusters, and 58 were located in what is classified as a rural area.
Homeownership rate in Galva is about 77.1%.
Galva's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Galva were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 8.40% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $58,500 |
| Median Price asked for vacant units | $46,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 46.10% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
