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Loami, IL Real Estate


According to census data in the year 2000 there were 331 housing units in Loami. This represents a 5.4% growth from 314 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 331 were located in what is classified as a rural area.

Homeownership rate in Loami is about 90.1%. Loami's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Loami were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms30.20%
Three Bedrooms47.70%
Four Bedrooms18.70%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1967
Median Value of occupied units$68,700
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size3.07
Median year structure was built1972
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan13.90%
Simple Mortgage54%
Debt Free26.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%