Niantic, IL Real Estate
According to census data in the year 2000 there were 302 housing units in Niantic.
This represents a 19.4% growth from 253 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 302 were located in what is classified as a rural area.
Homeownership rate in Niantic is about 86%.
Niantic's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Niantic were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.90% |
| Two Bedrooms | 17.50% |
| Three Bedrooms | 45.40% |
| Four Bedrooms | 22.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $69,000 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.70% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 48.10% |
| Debt Free | 38.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
