Albany, IL Real Estate
According to census data in the year 2000 there were 391 housing units in Albany.
This represents a 18.8% growth from 329 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 391 were located in what is classified as a rural area.
Homeownership rate in Albany is about 87.5%.
Albany's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Albany were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||1.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1965|
|Median Value of occupied units||$82,200|
|Median Price asked for vacant units||$45,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1952|
|Median Monthly Rent asked for vacant units||$296|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||7.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|