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Braidwood, IL Real Estate


According to census data in the year 2000 there were 2,286 housing units in Braidwood. This represents a 81.3% growth from 1,261 in 1990.

Of those housing units, 2,065 were located in either urbanized areas or urban clusters, and 221 were located in what is classified as a rural area.

Homeownership rate in Braidwood is about 85.3%. Braidwood's vacancy rate, including seasonal lodging, is about 20%. Average household size is 2.85 people.

The majority of houses, apartments or condos in Braidwood were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom20.50%
Two Bedrooms22.80%
Three Bedrooms47.90%
Four Bedrooms8.70%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1977
Median Value of occupied units$114,200
Median Price asked for vacant units$158,800

Rented Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1972
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.80%
Home Equity Loan8.80%
Simple Mortgage62.40%
Debt Free19.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%