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Cordova, IL Real Estate


According to census data in the year 2000 there were 269 housing units in Cordova. This represents a 8.9% growth from 247 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 269 were located in what is classified as a rural area.

Homeownership rate in Cordova is about 82.9%. Cordova's vacancy rate, including seasonal lodging, is about 10.8%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Cordova were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.10%
Two Bedrooms35.70%
Three Bedrooms45%
Four Bedrooms8.90%
Five Bedrooms or more3.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1963
Median Value of occupied units$84,700
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1954
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan8.90%
Simple Mortgage52.20%
Debt Free35.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%