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Nebo, IL Real Estate


According to census data in the year 2000 there were 183 housing units in Nebo. This represents a 1.1% growth from 181 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 183 were located in what is classified as a rural area.

Homeownership rate in Nebo is about 87%. Nebo's vacancy rate, including seasonal lodging, is about 15.8%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Nebo were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms37.20%
Three Bedrooms39.30%
Four Bedrooms11.50%
Five Bedrooms or more4.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1953
Median Value of occupied units$30,500
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage52.30%
Debt Free47.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%