Oreana, IL Real Estate

According to census data in the year 2000 there were 356 housing units in Oreana. This represents a 17.1% growth from 304 in 1990.

Of those housing units, 354 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.

Homeownership rate in Oreana is about 90.2%. Oreana's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Oreana were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom9.30%
Two Bedrooms8.40%
Three Bedrooms63.50%
Four Bedrooms16.60%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1964
Median Value of occupied units$74,100

Rented Homes, Apartments and Condos

Average Household Size1.35
Median year structure was built1955
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan8.50%
Simple Mortgage47.60%
Debt Free42%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%