Peotone, IL Real Estate
According to census data in the year 2000 there were 1,302 housing units in Peotone.
This represents a 17.8% growth from 1,105 in 1990.
Of those housing units, 1,285 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Peotone is about 68.7%.
Peotone's vacancy rate, including seasonal lodging, is about 0.5%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Peotone were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.40% |
| Two Bedrooms | 32.80% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $148,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1959 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 55% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
