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Northfield, IL Real Estate


According to census data in the year 2000 there were 2,272 housing units in Northfield. This represents a 22.7% growth from 1,852 in 1990.

Of those housing units, 2,272 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Northfield is about 93%. Northfield's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.5 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4.60%
Two Bedrooms22.90%
Three Bedrooms35.30%
Four Bedrooms25.40%
Five Bedrooms or more11.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1959
Median Value of occupied units$411,200
Median Price asked for vacant units$262,500

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1961
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan15%
Simple Mortgage49.20%
Debt Free31.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%