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Viola, IL Real Estate


According to census data in the year 2000 there were 395 housing units in Viola. This represents a 1% decline from 399 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 395 were located in what is classified as a rural area.

Homeownership rate in Viola is about 80.2%. Viola's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Viola were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.40%
Two Bedrooms35.20%
Three Bedrooms39.20%
Four Bedrooms13.90%
Five Bedrooms or more3.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1953
Median Value of occupied units$62,200
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1957
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan7.10%
Simple Mortgage50.90%
Debt Free38.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%