Inverness, IL Real Estate
According to census data in the year 2000 there were 2,289 housing units in Inverness.
This represents a 6.4% growth from 2,151 in 1990.
Of those housing units, 2,289 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Inverness is about 98.2%.
Inverness's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Inverness were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.20% |
| Two Bedrooms | 8.30% |
| Three Bedrooms | 25.30% |
| Four Bedrooms | 44.40% |
| Five Bedrooms or more | 21.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $469,300 |
| Median Price asked for vacant units | $625,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 54.80% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
