Ferris, IL Real Estate
According to census data in the year 2000 there were 79 housing units in Ferris.
This represents a 1.3% decline from 80 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Ferris is about 77.9%.
Ferris's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Ferris were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.10% |
| Two Bedrooms | 20.30% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 22.80% |
| Five Bedrooms or more | 11.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $41,600 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 29.60% |
| Debt Free | 61.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.9% |
