Geneva, IL Real Estate
According to census data in the year 2000 there were 6,938 housing units in Geneva.
This represents a 44.5% growth from 4,802 in 1990.
Of those housing units, 6,922 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Geneva is about 84.1%.
Geneva's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Geneva were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 3.70% |
| Two Bedrooms | 21.70% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 37.30% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $217,900 |
| Median Price asked for vacant units | $165,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.54 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $649 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 15.10% |
| Simple Mortgage | 57.60% |
| Debt Free | 17.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
