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Sheridan, IL Real Estate


According to census data in the year 2000 there were 302 housing units in Sheridan. This represents a 6.3% growth from 284 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 302 were located in what is classified as a rural area.

Homeownership rate in Sheridan is about 73.1%. Sheridan's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Sheridan were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.30%
Two Bedrooms30.10%
Three Bedrooms44%
Four Bedrooms13.20%
Five Bedrooms or more5.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1943
Median Value of occupied units$96,700
Median Price asked for vacant units$53,300

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1955
Median Monthly Rent asked for vacant units$513

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan5.10%
Simple Mortgage56.10%
Debt Free33.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%