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Louisville, IL Real Estate


According to census data in the year 2000 there were 541 housing units in Louisville. This represents a 4% growth from 520 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 541 were located in what is classified as a rural area.

Homeownership rate in Louisville is about 72%. Louisville's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Louisville were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.10%
Two Bedrooms36.60%
Three Bedrooms41.20%
Four Bedrooms8.30%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1963
Median Value of occupied units$46,400
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size1.57
Median year structure was built1972
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan1.90%
Simple Mortgage34.90%
Debt Free61.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%