Lansing, IL Real Estate
According to census data in the year 2000 there were 11,725 housing units in Lansing.
This represents a 4.8% growth from 11,184 in 1990.
Of those housing units, 11,725 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lansing is about 75.4%.
Lansing's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Lansing were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 8.90% |
| Two Bedrooms | 32% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $118,700 |
| Median Price asked for vacant units | $113,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $608 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 50.30% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
