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Gorham, IL Real Estate


According to census data in the year 2000 there were 117 housing units in Gorham. This represents a 6.4% decline from 125 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 117 were located in what is classified as a rural area.

Homeownership rate in Gorham is about 84.2%. Gorham's vacancy rate, including seasonal lodging, is about 13.7%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Gorham were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.40%
Two Bedrooms52.10%
Three Bedrooms35.90%
Four Bedrooms8.50%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1947
Median Value of occupied units$21,800
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan0%
Simple Mortgage32.50%
Debt Free59.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17%