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Berwyn, IL Real Estate


According to census data in the year 2000 there were 20,691 housing units in Berwyn. This represents a 3.2% growth from 20,044 in 1990.

Of those housing units, 20,691 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Berwyn is about 61.6%. Berwyn's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Berwyn were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom17.50%
Two Bedrooms34.30%
Three Bedrooms33.20%
Four Bedrooms8.90%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1939
Median Value of occupied units$132,900
Median Price asked for vacant units$134,600

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1947
Median Monthly Rent asked for vacant units$530

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.60%
Home Equity Loan9.60%
Simple Mortgage49.80%
Debt Free34.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%