Braceville, IL Real Estate
According to census data in the year 2000 there were 303 housing units in Braceville.
This represents a 28.4% growth from 236 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 303 were located in what is classified as a rural area.
Homeownership rate in Braceville is about 85.8%.
Braceville's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Braceville were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.30% |
| Two Bedrooms | 27.10% |
| Three Bedrooms | 58.40% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $100,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 64.50% |
| Debt Free | 22.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
