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Durand, IL Real Estate


According to census data in the year 2000 there were 464 housing units in Durand. This represents a 24.1% growth from 374 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 464 were located in what is classified as a rural area.

Homeownership rate in Durand is about 66.4%. Durand's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.45 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom15.30%
Two Bedrooms24.80%
Three Bedrooms41.80%
Four Bedrooms14.70%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1961
Median Value of occupied units$86,700
Median Price asked for vacant units$94,000

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1958
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan13.20%
Simple Mortgage49.10%
Debt Free30.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%