Delavan, IL Real Estate
According to census data in the year 2000 there were 742 housing units in Delavan.
This represents a 3.3% growth from 718 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 742 were located in what is classified as a rural area.
Homeownership rate in Delavan is about 78.9%.
Delavan's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Delavan were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 9% |
| Two Bedrooms | 24.90% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 17.90% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $71,300 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $408 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 37.90% |
| Debt Free | 47% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
