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Mason City, IL Real Estate


According to census data in the year 2000 there were 1,135 housing units in Mason City. This represents a 8.4% growth from 1,047 in 1990.

Of those housing units, 1,123 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Mason City is about 76.8%. Mason City's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Mason City were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom11.30%
Two Bedrooms34.40%
Three Bedrooms40.40%
Four Bedrooms10.30%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1951
Median Value of occupied units$60,000
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1955
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan4.90%
Simple Mortgage41.80%
Debt Free49%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%