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German Valley, IL Real Estate


According to census data in the year 2000 there were 198 housing units in German Valley. This represents a 10.6% growth from 179 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 198 were located in what is classified as a rural area.

Homeownership rate in German Valley is about 82.4%. German Valley's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.69 people.

The majority of houses, apartments or condos in German Valley were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.60%
Two Bedrooms13.60%
Three Bedrooms51%
Four Bedrooms22.70%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1968
Median Value of occupied units$77,000

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1939
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan9.20%
Simple Mortgage54.90%
Debt Free31%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%