Pekin, IL Real Estate

According to census data in the year 2000 there were 14,002 housing units in Pekin. This represents a 1.6% growth from 13,776 in 1990.

Of those housing units, 13,900 were located in either urbanized areas or urban clusters, and 102 were located in what is classified as a rural area.

Homeownership rate in Pekin is about 67.2%. Pekin's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Pekin were built after 1959.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom13.40%
Two Bedrooms34%
Three Bedrooms38.10%
Four Bedrooms11.50%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1956
Median Value of occupied units$75,900
Median Price asked for vacant units$62,700

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1967
Median Monthly Rent asked for vacant units$373

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.80%
Home Equity Loan9.60%
Simple Mortgage47.10%
Debt Free37.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%