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Phoenix, IL Real Estate


According to census data in the year 2000 there were 843 housing units in Phoenix. This represents a 8.6% growth from 776 in 1990.

Of those housing units, 843 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Phoenix is about 63.4%. Phoenix's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Phoenix were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.60%
Two Bedrooms25.60%
Three Bedrooms44.70%
Four Bedrooms11.20%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1957
Median Value of occupied units$68,100
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1957
Median Monthly Rent asked for vacant units$550

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.10%
Home Equity Loan9.30%
Simple Mortgage44.70%
Debt Free34.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%