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Walnut, IL Real Estate


According to census data in the year 2000 there were 606 housing units in Walnut. This represents a 2% growth from 594 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 606 were located in what is classified as a rural area.

Homeownership rate in Walnut is about 81.5%. Walnut's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.44 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6.40%
Two Bedrooms30.20%
Three Bedrooms43.70%
Four Bedrooms17%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1950
Median Value of occupied units$67,800
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1954
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan6.10%
Simple Mortgage43.20%
Debt Free45.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%