Bannockburn, IL Real Estate
According to census data in the year 2000 there were 256 housing units in Bannockburn.
This represents a 20.5% decline from 322 in 1990.
Of those housing units, 256 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bannockburn is about 82.3%.
Bannockburn's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.94 people.
The majority of houses, apartments or condos in Bannockburn were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.30% |
| Two Bedrooms | 8.20% |
| Three Bedrooms | 15.20% |
| Four Bedrooms | 33.20% |
| Five Bedrooms or more | 32% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $933,500 |
| Median Price asked for vacant units | $67,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1985 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 13.90% |
| Simple Mortgage | 34.80% |
| Debt Free | 42.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
