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Weldon, IL Real Estate


According to census data in the year 2000 there were 202 housing units in Weldon. This represents a 15.4% growth from 175 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 202 were located in what is classified as a rural area.

Homeownership rate in Weldon is about 84.6%. Weldon's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.36 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom5.40%
Two Bedrooms33.20%
Three Bedrooms47%
Four Bedrooms10.40%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1943
Median Value of occupied units$60,400
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1958
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan5.60%
Simple Mortgage38.90%
Debt Free50.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%