Galena, IL Real Estate
According to census data in the year 2000 there were 1,822 housing units in Galena.
This represents a 5.2% growth from 1,732 in 1990.
Of those housing units, 1,787 were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.
Homeownership rate in Galena is about 65.9%.
Galena's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Galena were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 18.70% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 39.50% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $91,900 |
| Median Price asked for vacant units | $68,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.44 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $405 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 4% |
| Simple Mortgage | 44.30% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
