Villa Park, IL Real Estate
According to census data in the year 2000 there were 7,946 housing units in Villa Park.
This represents a 3.3% decline from 8,214 in 1990.
Of those housing units, 7,946 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Villa Park is about 76.7%.
Villa Park's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Villa Park were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 9.10% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $155,900 |
| Median Price asked for vacant units | $177,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $670 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 54.30% |
| Debt Free | 29% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.2% |
