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 Type | 0% |
| One Bedroom | 7.10% |
| Two Bedrooms | 35.70% |
| Three Bedrooms | 45% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $84,700 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 52.20% |
| Debt Free | 35.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
