Martinsville, IL Real Estate
According to census data in the year 2000 there were 601 housing units in Martinsville.
This represents a 2% growth from 589 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 601 were located in what is classified as a rural area.
Homeownership rate in Martinsville is about 74.9%.
Martinsville's vacancy rate, including seasonal lodging, is about 12.5%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Martinsville were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $46,600 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $149 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.50% |
| Second Mortgage | 3% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 46.20% |
| Debt Free | 47.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
