Elwood, IL Real Estate
According to census data in the year 2000 there were 678 housing units in Elwood.
This represents a 87.3% growth from 362 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 678 were located in what is classified as a rural area.
Homeownership rate in Elwood is about 83.1%.
Elwood's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Elwood were built after 1991.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1993|
|Median Value of occupied units||$132,300|
|Median Price asked for vacant units||$175,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.18|
|Median year structure was built||1961|
|Median Monthly Rent asked for vacant units||$233|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19%|