Home

Peru, IL Real Estate


According to census data in the year 2000 there were 4,425 housing units in Peru. This represents a 11.9% growth from 3,954 in 1990.

Of those housing units, 4,418 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Peru is about 75.1%. Peru's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Peru were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom9.20%
Two Bedrooms35.70%
Three Bedrooms39.90%
Four Bedrooms11.60%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1951
Median Value of occupied units$85,700
Median Price asked for vacant units$82,800

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1955
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan3.40%
Simple Mortgage41.40%
Debt Free50.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%