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Green Oaks, IL Real Estate


According to census data in the year 2000 there were 1,133 housing units in Green Oaks. This represents a 70.6% growth from 664 in 1990.

Of those housing units, 1,107 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.

Homeownership rate in Green Oaks is about 97.4%. Green Oaks's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 3.31 people.

The majority of houses, apartments or condos in Green Oaks were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms4%
Three Bedrooms24.50%
Four Bedrooms61.80%
Five Bedrooms or more9.70%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size3.34
Median year structure was built1984
Median Value of occupied units$406,000
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1962
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan14.90%
Simple Mortgage60.90%
Debt Free17.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%