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Elmhurst, IL Real Estate


According to census data in the year 2000 there were 16,252 housing units in Elmhurst. This represents a 4.9% growth from 15,486 in 1990.

Of those housing units, 16,252 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elmhurst is about 82.8%. Elmhurst's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Elmhurst were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom10.20%
Two Bedrooms19.40%
Three Bedrooms45.80%
Four Bedrooms19.20%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1955
Median Value of occupied units$211,100
Median Price asked for vacant units$176,700

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1961
Median Monthly Rent asked for vacant units$783

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.30%
Home Equity Loan13.30%
Simple Mortgage48.70%
Debt Free32.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%