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Tovey, IL Real Estate


According to census data in the year 2000 there were 236 housing units in Tovey. This represents a 2.1% decline from 241 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 236 were located in what is classified as a rural area.

Homeownership rate in Tovey is about 84.2%. Tovey's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Tovey were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom19.10%
Two Bedrooms39.80%
Three Bedrooms33.90%
Four Bedrooms6.40%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1953
Median Value of occupied units$51,800
Median Price asked for vacant units$38,800

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1948
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan1.30%
Simple Mortgage44.90%
Debt Free51.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%