Western Springs, IL Real Estate
According to census data in the year 2000 there were 4,474 housing units in Western Springs.
This represents a 2.4% growth from 4,370 in 1990.
Of those housing units, 4,474 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Western Springs is about 95.9%.
Western Springs's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.89 people.
The majority of houses, apartments or condos in Western Springs were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1% |
| Two Bedrooms | 12.30% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 33.30% |
| Five Bedrooms or more | 6.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $323,900 |
| Median Price asked for vacant units | $266,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 13.50% |
| Simple Mortgage | 51.30% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
