Home

Fairmount, IL Real Estate


According to census data in the year 2000 there were 280 housing units in Fairmount. This represents a 1.4% growth from 276 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 280 were located in what is classified as a rural area.

Homeownership rate in Fairmount is about 84.5%. Fairmount's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Fairmount were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.90%
Two Bedrooms33.60%
Three Bedrooms50.40%
Four Bedrooms7.10%
Five Bedrooms or more1.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1939
Median Value of occupied units$53,600
Median Price asked for vacant units$21,300

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1966
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8%
Home Equity Loan0%
Simple Mortgage46.50%
Debt Free45.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%