Home

Colona, IL Real Estate


According to census data in the year 2000 there were 1,961 housing units in Colona. This represents a 139.7% growth from 818 in 1990.

Of those housing units, 1,945 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.

Homeownership rate in Colona is about 83%. Colona's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Colona were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms33.80%
Three Bedrooms47.90%
Four Bedrooms9.40%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1968
Median Value of occupied units$76,300
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1962
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.20%
Home Equity Loan7.70%
Simple Mortgage49.60%
Debt Free33.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%