Grayslake, IL Real Estate
According to census data in the year 2000 there were 6,633 housing units in Grayslake.
This represents a 119.7% growth from 3,019 in 1990.
Of those housing units, 6,611 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Grayslake is about 78.4%.
Grayslake's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Grayslake were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 7.50% |
| Two Bedrooms | 21.40% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 29.30% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $192,900 |
| Median Price asked for vacant units | $210,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $825 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 70.60% |
| Debt Free | 8.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.7% |
