Crete, IL Real Estate
According to census data in the year 2000 there were 2,766 housing units in Crete.
This represents a 10.4% growth from 2,505 in 1990.
Of those housing units, 2,757 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Crete is about 88.7%.
Crete's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Crete were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 3.60% |
| Two Bedrooms | 18.20% |
| Three Bedrooms | 48.50% |
| Four Bedrooms | 24.50% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $154,900 |
| Median Price asked for vacant units | $156,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $602 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 53.80% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
