Villa Grove, IL Real Estate
According to census data in the year 2000 there were 1,095 housing units in Villa Grove.
This represents a 1.8% growth from 1,076 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,095 were located in what is classified as a rural area.
Homeownership rate in Villa Grove is about 76.4%.
Villa Grove's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Villa Grove were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.10% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $62,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $319 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 48% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
