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Bellwood, IL Real Estate


According to census data in the year 2000 there were 6,683 housing units in Bellwood. This represents a 1.8% growth from 6,566 in 1990.

Of those housing units, 6,683 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Bellwood is about 76.3%. Bellwood's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 3.18 people.

The majority of houses, apartments or condos in Bellwood were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom7.70%
Two Bedrooms34.10%
Three Bedrooms42.70%
Four Bedrooms11.80%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1954
Median Value of occupied units$116,300
Median Price asked for vacant units$109,400

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1957
Median Monthly Rent asked for vacant units$640

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage11.70%
Home Equity Loan6.20%
Simple Mortgage65%
Debt Free16.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.6%