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Versailles, IL Real Estate


According to census data in the year 2000 there were 254 housing units in Versailles. This represents a 24.5% growth from 204 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.

Homeownership rate in Versailles is about 78.2%. Versailles's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Versailles were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.90%
Two Bedrooms44.10%
Three Bedrooms39.80%
Four Bedrooms7.50%
Five Bedrooms or more0.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1946
Median Value of occupied units$35,900
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1972
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan1.40%
Simple Mortgage45.90%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13%