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Mendon, IL Real Estate


According to census data in the year 2000 there were 374 housing units in Mendon. This represents a 7.8% growth from 347 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 374 were located in what is classified as a rural area.

Homeownership rate in Mendon is about 77.1%. Mendon's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Mendon were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom8.60%
Two Bedrooms24.10%
Three Bedrooms45.50%
Four Bedrooms15.50%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1955
Median Value of occupied units$62,600
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1971
Median Monthly Rent asked for vacant units$244

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan6%
Simple Mortgage56%
Debt Free33.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%