Mt. Sterling, IL Real Estate
According to census data in the year 2000 there were 1,051 housing units in Mt. Sterling.
This represents a 3.2% growth from 1,018 in 1990.
Of those housing units, 1,040 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Mt. Sterling is about 65.4%.
Mt. Sterling's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Mt. Sterling were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 19.60% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 35.40% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $48,600 |
| Median Price asked for vacant units | $23,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $193 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 46.70% |
| Debt Free | 51.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.7% |
