Geneseo, IL Real Estate
According to census data in the year 2000 there were 2,876 housing units in Geneseo.
This represents a 11% growth from 2,590 in 1990.
Of those housing units, 2,784 were located in either urbanized areas or urban clusters, and 92 were located in what is classified as a rural area.
Homeownership rate in Geneseo is about 76.3%.
Geneseo's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Geneseo were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 8.70% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 19% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $99,700 |
| Median Price asked for vacant units | $61,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $435 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 43.60% |
| Debt Free | 48.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
