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London Mills, IL Real Estate


According to census data in the year 2000 there were 178 housing units in London Mills. This represents a 10.6% decline from 199 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 178 were located in what is classified as a rural area.

Homeownership rate in London Mills is about 90.4%. London Mills's vacancy rate, including seasonal lodging, is about 12.4%. Average household size is 2.74 people.

The majority of houses, apartments or condos in London Mills were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.30%
Two Bedrooms27.50%
Three Bedrooms41.60%
Four Bedrooms20.80%
Five Bedrooms or more2.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1939
Median Value of occupied units$42,500
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size1.4
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan1.70%
Simple Mortgage40.70%
Debt Free51.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%