Virden, IL Real Estate
According to census data in the year 2000 there were 1,605 housing units in Virden.
This represents a 5.4% growth from 1,523 in 1990.
Of those housing units, 1,579 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Virden is about 74%.
Virden's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Virden were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.20% |
| Two Bedrooms | 42.40% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $66,900 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $321 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.60% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 45.10% |
| Debt Free | 39.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
