Litchfield, IL Real Estate
According to census data in the year 2000 there were 3,008 housing units in Litchfield.
This represents a 3.2% growth from 2,915 in 1990.
Of those housing units, 2,947 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.
Homeownership rate in Litchfield is about 72.1%.
Litchfield's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Litchfield were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 16% |
| Two Bedrooms | 36.30% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $55,100 |
| Median Price asked for vacant units | $29,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $251 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 41.80% |
| Debt Free | 51.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
