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Fairbury, IL Real Estate


According to census data in the year 2000 there were 1,600 housing units in Fairbury. This represents a 12.2% growth from 1,426 in 1990.

Of those housing units, 1,587 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in Fairbury is about 69.6%. Fairbury's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Fairbury were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom7.80%
Two Bedrooms35.50%
Three Bedrooms34.10%
Four Bedrooms16.40%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1955
Median Value of occupied units$85,700
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1966
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan7.70%
Simple Mortgage44.50%
Debt Free42.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%