Markham, IL Real Estate
According to census data in the year 2000 there were 4,023 housing units in Markham.
This represents a 1.1% growth from 3,980 in 1990.
Of those housing units, 4,023 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Markham is about 83.9%.
Markham's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 3.28 people.
The majority of houses, apartments or condos in Markham were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 0.90% |
| Two Bedrooms | 13.60% |
| Three Bedrooms | 64.30% |
| Four Bedrooms | 18.20% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $75,200 |
| Median Price asked for vacant units | $65,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.93 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $642 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 11.80% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 55% |
| Debt Free | 23.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
