Homewood, IL Real Estate
According to census data in the year 2000 there were 7,804 housing units in Homewood.
This represents a 3.4% growth from 7,545 in 1990.
Of those housing units, 7,804 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Homewood is about 85.4%.
Homewood's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Homewood were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.80% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 36% |
| Four Bedrooms | 23.70% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $137,300 |
| Median Price asked for vacant units | $93,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $672 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 55.40% |
| Debt Free | 28.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
