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Normal, IL Real Estate


According to census data in the year 2000 there were 15,636 housing units in Normal. This represents a 27.1% growth from 12,300 in 1990.

Of those housing units, 15,636 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Normal is about 54.9%. Normal's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Normal were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom10%
Two Bedrooms29.70%
Three Bedrooms33.20%
Four Bedrooms22%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1974
Median Value of occupied units$120,400
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1980
Median Monthly Rent asked for vacant units$519

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.70%
Home Equity Loan8.60%
Simple Mortgage59.90%
Debt Free24.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%