Malta, IL Real Estate
According to census data in the year 2000 there were 384 housing units in Malta.
This represents a 13.3% growth from 339 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 384 were located in what is classified as a rural area.
Homeownership rate in Malta is about 73.6%.
Malta's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Malta were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 5.50% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 48.70% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $108,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $1,292 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 44.80% |
| Debt Free | 39% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
