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.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom21.70%
Two Bedrooms45.60%
Three Bedrooms26.10%
Four Bedrooms6.70%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1958
Median Value of occupied units$36,700
Median Price asked for vacant units$14,400

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1977
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan0%
Simple Mortgage32.50%
Debt Free64.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%