Nelson, IL Real Estate
According to census data in the year 2000 there were 74 housing units in Nelson.
This represents a 5.7% growth from 70 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.
Homeownership rate in Nelson is about 94.1%.
Nelson's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Nelson were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 4.10% |
| Two Bedrooms | 45.90% |
| Three Bedrooms | 45.90% |
| Four Bedrooms | 2.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $52,400 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 41.90% |
| Debt Free | 54.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
