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South Wilmington, IL Real Estate


According to census data in the year 2000 there were 292 housing units in South Wilmington. This represents a 1.4% growth from 288 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 292 were located in what is classified as a rural area.

Homeownership rate in South Wilmington is about 84.1%. South Wilmington's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.44 people.

The majority of houses, apartments or condos in South Wilmington were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom3.10%
Two Bedrooms44.50%
Three Bedrooms46.60%
Four Bedrooms4.80%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1946
Median Value of occupied units$89,600
Median Price asked for vacant units$71,700

Rented Homes, Apartments and Condos

Average Household Size3.19
Median year structure was built1947
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan1.40%
Simple Mortgage32.70%
Debt Free61.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%