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.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.70%
Two Bedrooms27.70%
Three Bedrooms57.30%
Four Bedrooms10.40%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1982
Median Value of occupied units$140,800
Median Price asked for vacant units$155,000

Rented Homes, Apartments and Condos

Average Household Size3.89
Median year structure was built1974
Median Monthly Rent asked for vacant units$652

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.30%
Second Mortgage10.60%
Home Equity Loan8.10%
Simple Mortgage65.40%
Debt Free14.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%