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Litchfield, IL Real Estate


According to census data in the year 2000 there were 3,008 housing units in Litchfield. This represents a 3.2% growth from 2,915 in 1990.

Of those housing units, 2,947 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.

Homeownership rate in Litchfield is about 72.1%. Litchfield's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Litchfield were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom16%
Two Bedrooms36.30%
Three Bedrooms37.90%
Four Bedrooms6.60%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1949
Median Value of occupied units$55,100
Median Price asked for vacant units$29,200

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1953
Median Monthly Rent asked for vacant units$251

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan2.80%
Simple Mortgage41.80%
Debt Free51.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%