Oakwood Hills, IL Real Estate
According to census data in the year 2000 there were 732 housing units in Oakwood Hills.
This represents a 42.1% growth from 515 in 1990.
Of those housing units, 715 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Oakwood Hills is about 94.5%.
Oakwood Hills's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 3.11 people.
The majority of houses, apartments or condos in Oakwood Hills were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.90% |
| Two Bedrooms | 17.90% |
| Three Bedrooms | 56.60% |
| Four Bedrooms | 18.90% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $166,000 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.46 |
| Median year structure was built | 1968 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 20% |
| Simple Mortgage | 61.10% |
| Debt Free | 8.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
