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Hopedale, IL Real Estate


According to census data in the year 2000 there were 355 housing units in Hopedale. This represents a 12.3% growth from 316 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 355 were located in what is classified as a rural area.

Homeownership rate in Hopedale is about 71%. Hopedale's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Hopedale were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.60%
Two Bedrooms39.70%
Three Bedrooms34.40%
Four Bedrooms14.10%
Five Bedrooms or more2.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1956
Median Value of occupied units$76,700
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1962
Median Monthly Rent asked for vacant units$366

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan2.80%
Simple Mortgage41.30%
Debt Free53.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%