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Galatia, IL Real Estate


According to census data in the year 2000 there were 467 housing units in Galatia. This represents a 3.3% growth from 452 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 467 were located in what is classified as a rural area.

Homeownership rate in Galatia is about 78.1%. Galatia's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Galatia were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.40%
Two Bedrooms47.10%
Three Bedrooms37.50%
Four Bedrooms7.30%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1957
Median Value of occupied units$45,500
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1967
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.70%
Home Equity Loan5.20%
Simple Mortgage28.30%
Debt Free65.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%