Peotone, IL Real Estate

According to census data in the year 2000 there were 1,302 housing units in Peotone. This represents a 17.8% growth from 1,105 in 1990.

Of those housing units, 1,285 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.

Homeownership rate in Peotone is about 68.7%. Peotone's vacancy rate, including seasonal lodging, is about 0.5%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Peotone were built after 1963.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.40%
Two Bedrooms32.80%
Three Bedrooms44.80%
Four Bedrooms16.10%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3
Median year structure was built1966
Median Value of occupied units$148,600
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1959

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan9.40%
Simple Mortgage55%
Debt Free26.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%