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Wheeling, IL Real Estate


According to census data in the year 2000 there were 13,691 housing units in Wheeling. This represents a 5.3% growth from 12,998 in 1990.

Of those housing units, 13,691 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wheeling is about 66.5%. Wheeling's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Wheeling were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom20.40%
Two Bedrooms33.40%
Three Bedrooms33.40%
Four Bedrooms9.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1976
Median Value of occupied units$160,900
Median Price asked for vacant units$87,500

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1977
Median Monthly Rent asked for vacant units$870

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.30%
Home Equity Loan12.30%
Simple Mortgage66.20%
Debt Free16%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%