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Toledo, IL Real Estate


According to census data in the year 2000 there were 567 housing units in Toledo. This represents a 6.8% growth from 531 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 567 were located in what is classified as a rural area.

Homeownership rate in Toledo is about 68.3%. Toledo's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Toledo were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom8.30%
Two Bedrooms40%
Three Bedrooms38.40%
Four Bedrooms10.60%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1962
Median Value of occupied units$60,700
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1968
Median Monthly Rent asked for vacant units$246

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan4.20%
Simple Mortgage45.50%
Debt Free47.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%