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Shorewood, IL Real Estate


According to census data in the year 2000 there were 2,629 housing units in Shorewood. This represents a 29.4% growth from 2,032 in 1990.

Of those housing units, 2,629 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Shorewood is about 95.9%. Shorewood's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 3.09 people.

The majority of houses, apartments or condos in Shorewood were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms10.30%
Three Bedrooms47.50%
Four Bedrooms36.30%
Five Bedrooms or more5.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1982
Median Value of occupied units$162,900
Median Price asked for vacant units$137,100

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1983
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan9.60%
Simple Mortgage60.90%
Debt Free22.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%