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Geneseo, IL Real Estate


According to census data in the year 2000 there were 2,876 housing units in Geneseo. This represents a 11% growth from 2,590 in 1990.

Of those housing units, 2,784 were located in either urbanized areas or urban clusters, and 92 were located in what is classified as a rural area.

Homeownership rate in Geneseo is about 76.3%. Geneseo's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Geneseo were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom8.70%
Two Bedrooms29.60%
Three Bedrooms38.70%
Four Bedrooms19%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1954
Median Value of occupied units$99,700
Median Price asked for vacant units$61,300

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1960
Median Monthly Rent asked for vacant units$435

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.50%
Home Equity Loan3.50%
Simple Mortgage43.60%
Debt Free48.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%