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Cobden, IL Real Estate


According to census data in the year 2000 there were 466 housing units in Cobden. This represents a 1.1% growth from 461 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 466 were located in what is classified as a rural area.

Homeownership rate in Cobden is about 79.3%. Cobden's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Cobden were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.40%
Two Bedrooms39.10%
Three Bedrooms37.10%
Four Bedrooms10.30%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1956
Median Value of occupied units$50,600
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1961
Median Monthly Rent asked for vacant units$213

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan6.90%
Simple Mortgage37%
Debt Free52.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%