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Danvers, IL Real Estate


According to census data in the year 2000 there were 458 housing units in Danvers. This represents a 28.3% growth from 357 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 458 were located in what is classified as a rural area.

Homeownership rate in Danvers is about 85.3%. Danvers's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Danvers were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.40%
Two Bedrooms18.60%
Three Bedrooms51.10%
Four Bedrooms19.70%
Five Bedrooms or more3.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1958
Median Value of occupied units$93,200
Median Price asked for vacant units$82,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1983
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan10.80%
Simple Mortgage56.10%
Debt Free24.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%