Home

Pontiac, IL Real Estate


According to census data in the year 2000 there were 4,381 housing units in Pontiac. This represents a 11.4% growth from 3,932 in 1990.

Of those housing units, 4,246 were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.

Homeownership rate in Pontiac is about 66.7%. Pontiac's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Pontiac were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom14.40%
Two Bedrooms34.80%
Three Bedrooms39.40%
Four Bedrooms8.70%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1956
Median Value of occupied units$73,800
Median Price asked for vacant units$66,700

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1967
Median Monthly Rent asked for vacant units$393

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan4.30%
Simple Mortgage52.20%
Debt Free36.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%