Sheridan, IL Real Estate
According to census data in the year 2000 there were 302 housing units in Sheridan.
This represents a 6.3% growth from 284 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 302 were located in what is classified as a rural area.
Homeownership rate in Sheridan is about 73.1%.
Sheridan's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Sheridan were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 44% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 5.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $96,700 |
| Median Price asked for vacant units | $53,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $513 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 56.10% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
