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Buncombe, IL Real Estate


According to census data in the year 2000 there were 93 housing units in Buncombe. This represents a 1.1% decline from 94 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.

Homeownership rate in Buncombe is about 86.6%. Buncombe's vacancy rate, including seasonal lodging, is about 11.8%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Buncombe were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.70%
Two Bedrooms38.70%
Three Bedrooms39.80%
Four Bedrooms11.80%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1959
Median Value of occupied units$39,200
Median Price asked for vacant units$33,100

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1945

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage23.30%
Debt Free76.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%