Sherrard, IL Real Estate
According to census data in the year 2000 there were 281 housing units in Sherrard.
This represents a 0.4% growth from 280 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.
Homeownership rate in Sherrard is about 77.4%.
Sherrard's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Sherrard were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 6.40% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 55.20% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $71,700 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $408 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 48% |
| Debt Free | 37.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
