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North Pekin, IL Real Estate


According to census data in the year 2000 there were 635 housing units in North Pekin. This represents a 9.7% growth from 579 in 1990.

Of those housing units, 591 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.

Homeownership rate in North Pekin is about 85.2%. North Pekin's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.6 people.

The majority of houses, apartments or condos in North Pekin were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.80%
Two Bedrooms47.40%
Three Bedrooms40.30%
Four Bedrooms7.10%
Five Bedrooms or more1.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1954
Median Value of occupied units$63,600
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.34
Median year structure was built1955
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan6.40%
Simple Mortgage54.50%
Debt Free34.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%