Richton Park, IL Real Estate
According to census data in the year 2000 there were 4,758 housing units in Richton Park.
This represents a 18.2% growth from 4,026 in 1990.
Of those housing units, 4,758 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Richton Park is about 65.8%.
Richton Park's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Richton Park were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 15.60% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 39% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $125,700 |
| Median Price asked for vacant units | $93,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $659 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 71.90% |
| Debt Free | 13% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
