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Venice, IL Real Estate


According to census data in the year 2000 there were 1,154 housing units in Venice. This represents a 20.1% decline from 1,445 in 1990.

Of those housing units, 1,154 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Venice is about 45.7%. Venice's vacancy rate, including seasonal lodging, is about 17.7%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Venice were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15.80%
Two Bedrooms52%
Three Bedrooms25.40%
Four Bedrooms5.50%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1953
Median Value of occupied units$31,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1956
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan5.50%
Simple Mortgage38%
Debt Free53.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%