Norwood, IL Real Estate
According to census data in the year 2000 there were 188 housing units in Norwood.
This represents a 0.5% growth from 187 in 1990.
Of those housing units, 188 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norwood is about 95.5%.
Norwood's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Norwood were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1955|
|Median Value of occupied units||$67,400|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.5|
|Median year structure was built||1965|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.9%|