Olmsted, IL Real Estate
According to census data in the year 2000 there were 180 housing units in Olmsted.
This represents a 5.3% decline from 190 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.
Homeownership rate in Olmsted is about 66.2%.
Olmsted's vacancy rate, including seasonal lodging, is about 21.1%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Olmsted were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 21.70% |
| Two Bedrooms | 45.60% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $36,700 |
| Median Price asked for vacant units | $14,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 32.50% |
| Debt Free | 64.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
