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Philo, IL Real Estate


According to census data in the year 2000 there were 490 housing units in Philo. This represents a 26.3% growth from 388 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 490 were located in what is classified as a rural area.

Homeownership rate in Philo is about 93.6%. Philo's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Philo were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.80%
Two Bedrooms13.50%
Three Bedrooms60.20%
Four Bedrooms20.60%
Five Bedrooms or more4.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1968
Median Value of occupied units$94,800
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1955
Median Monthly Rent asked for vacant units$513

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan6.50%
Simple Mortgage56.10%
Debt Free32.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%