Olympia Fields, IL Real Estate
According to census data in the year 2000 there were 1,940 housing units in Olympia Fields.
This represents a 35.3% growth from 1,434 in 1990.
Of those housing units, 1,940 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Olympia Fields is about 97.6%.
Olympia Fields's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Olympia Fields were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 3.60% |
| Two Bedrooms | 10.20% |
| Three Bedrooms | 26.80% |
| Four Bedrooms | 43.20% |
| Five Bedrooms or more | 13.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $234,200 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.17 |
| Median year structure was built | 1999 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 58.90% |
| Debt Free | 25.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
