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El Paso, IL Real Estate


According to census data in the year 2000 there were 1,024 housing units in El Paso. This represents a 10.7% growth from 925 in 1990.

Of those housing units, 992 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.

Homeownership rate in El Paso is about 74.8%. El Paso's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in El Paso were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom5.30%
Two Bedrooms37.60%
Three Bedrooms40.30%
Four Bedrooms13.20%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1952
Median Value of occupied units$88,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1959
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan8.20%
Simple Mortgage45.60%
Debt Free42.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%