Illinois Real Estate
According to census data in the year 2000 there were 4,885,615 housing units in Illinois.
This represents a 8.4% from 4,506,275 in 1990.
Of those housing units, 4,267,578 were located in either urbanized areas or urban clusters, and 618,037 were located in what is classified as a rural area.
Homeownership rate in Illinois is about 67.3%.
Illinois's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Illinois were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||3.2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1963|
|Median Value of occupied units||$130,800|
|Median Price asked for vacant units||$92,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.29|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$473|
Owners Finance Status
|Second Mortgage & Equity Loan||0.1%|
|Home Equity Loan||9.3%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.8%|
Cities & Towns