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Piper City, IL Real Estate


According to census data in the year 2000 there were 325 housing units in Piper City. This represents a 7.9% decline from 353 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 325 were located in what is classified as a rural area.

Homeownership rate in Piper City is about 79%. Piper City's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Piper City were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.80%
Two Bedrooms29.20%
Three Bedrooms48.60%
Four Bedrooms17.50%
Five Bedrooms or more1.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1947
Median Value of occupied units$72,900
Median Price asked for vacant units$51,700

Rented Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1945
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan2.70%
Simple Mortgage42.10%
Debt Free52.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%