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Virden, IL Real Estate


According to census data in the year 2000 there were 1,605 housing units in Virden. This represents a 5.4% growth from 1,523 in 1990.

Of those housing units, 1,579 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.

Homeownership rate in Virden is about 74%. Virden's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Virden were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom10.20%
Two Bedrooms42.40%
Three Bedrooms38.60%
Four Bedrooms6.50%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1949
Median Value of occupied units$66,900
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1956
Median Monthly Rent asked for vacant units$321

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.60%
Home Equity Loan3.80%
Simple Mortgage45.10%
Debt Free39.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%