Oreana, IL Real Estate
According to census data in the year 2000 there were 356 housing units in Oreana.
This represents a 17.1% growth from 304 in 1990.
Of those housing units, 354 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Oreana is about 90.2%.
Oreana's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Oreana were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.30% |
| Two Bedrooms | 8.40% |
| Three Bedrooms | 63.50% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $74,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.35 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 47.60% |
| Debt Free | 42% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.7% |
