Lynwood, IL Real Estate
According to census data in the year 2000 there were 2,729 housing units in Lynwood.
This represents a 17.3% growth from 2,327 in 1990.
Of those housing units, 2,729 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lynwood is about 87.3%.
Lynwood's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Lynwood were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.70% |
| Two Bedrooms | 27.70% |
| Three Bedrooms | 57.30% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $140,800 |
| Median Price asked for vacant units | $155,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.89 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $652 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 65.40% |
| Debt Free | 14.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
