South Pekin, IL Real Estate
According to census data in the year 2000 there were 442 housing units in South Pekin.
This represents a 2.6% growth from 431 in 1990.
Of those housing units, 437 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.
Homeownership rate in South Pekin is about 82.1%.
South Pekin's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in South Pekin were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.60% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 17.20% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $59,800 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 8% |
| Simple Mortgage | 54% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
