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Lincolnshire, IL Real Estate


According to census data in the year 2000 there were 2,211 housing units in Lincolnshire. This represents a 28.8% growth from 1,717 in 1990.

Of those housing units, 2,206 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.

Homeownership rate in Lincolnshire is about 97.1%. Lincolnshire's vacancy rate, including seasonal lodging, is about 1.4%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Lincolnshire were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.30%
Two Bedrooms19.40%
Three Bedrooms25.20%
Four Bedrooms45.10%
Five Bedrooms or more9%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1977
Median Value of occupied units$442,400
Median Price asked for vacant units$562,500

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1972

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan12.50%
Simple Mortgage59.50%
Debt Free24.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%