Durand, IL Real Estate
According to census data in the year 2000 there were 464 housing units in Durand.
This represents a 24.1% growth from 374 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 464 were located in what is classified as a rural area.
Homeownership rate in Durand is about 66.4%.
Durand's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Durand were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 15.30% |
| Two Bedrooms | 24.80% |
| Three Bedrooms | 41.80% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $86,700 |
| Median Price asked for vacant units | $94,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 49.10% |
| Debt Free | 30.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
