Downs, IL Real Estate
According to census data in the year 2000 there were 297 housing units in Downs.
This represents a 29.7% growth from 229 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 297 were located in what is classified as a rural area.
Homeownership rate in Downs is about 84.4%.
Downs's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Downs were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.70% |
| Two Bedrooms | 19.20% |
| Three Bedrooms | 64.30% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $89,700 |
| Median Price asked for vacant units | $181,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 54.50% |
| Debt Free | 24.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
