Home

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 Type0.50%
One Bedroom5.50%
Two Bedrooms29.90%
Three Bedrooms48.70%
Four Bedrooms13.30%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1955
Median Value of occupied units$108,300

Rented Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1956
Median Monthly Rent asked for vacant units$1,292

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage6.20%
Home Equity Loan9.30%
Simple Mortgage44.80%
Debt Free39%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%