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Braceville, IL Real Estate


According to census data in the year 2000 there were 303 housing units in Braceville. This represents a 28.4% growth from 236 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 303 were located in what is classified as a rural area.

Homeownership rate in Braceville is about 85.8%. Braceville's vacancy rate, including seasonal lodging, is about 5%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Braceville were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.30%
Two Bedrooms27.10%
Three Bedrooms58.40%
Four Bedrooms9.20%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1967
Median Value of occupied units$100,000
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1948
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan6.80%
Simple Mortgage64.50%
Debt Free22.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%