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Mounds, IL Real Estate


According to census data in the year 2000 there were 511 housing units in Mounds. This represents a 10% decline from 568 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 511 were located in what is classified as a rural area.

Homeownership rate in Mounds is about 67.1%. Mounds's vacancy rate, including seasonal lodging, is about 20.4%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Mounds were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom14.10%
Two Bedrooms40.30%
Three Bedrooms29%
Four Bedrooms14.10%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$20,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size3.22
Median year structure was built1963
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.80%
Simple Mortgage37.70%
Debt Free59.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%