Glencoe, IL Real Estate
According to census data in the year 2000 there were 3,224 housing units in Glencoe.
This represents a 2.1% growth from 3,159 in 1990.
Of those housing units, 3,224 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Glencoe is about 92.1%.
Glencoe's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Glencoe were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 2.30% |
| Two Bedrooms | 9.90% |
| Three Bedrooms | 26.70% |
| Four Bedrooms | 32.90% |
| Five Bedrooms or more | 27.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $667,000 |
| Median Price asked for vacant units | $773,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $893 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 52.30% |
| Debt Free | 33.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
