Ipava, IL Real Estate

According to census data in the year 2000 there were 246 housing units in Ipava. This represents a 6.1% decline from 262 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 246 were located in what is classified as a rural area.

Homeownership rate in Ipava is about 85%. Ipava's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Ipava were built after 1939.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom7.70%
Two Bedrooms26.40%
Three Bedrooms42.30%
Four Bedrooms15.40%
Five Bedrooms or more6.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1939
Median Value of occupied units$37,600

Rented Homes, Apartments and Condos

Average Household Size1.47
Median year structure was built1950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan3.40%
Simple Mortgage45.70%
Debt Free45.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%