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Western Springs, IL Real Estate


According to census data in the year 2000 there were 4,474 housing units in Western Springs. This represents a 2.4% growth from 4,370 in 1990.

Of those housing units, 4,474 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Western Springs is about 95.9%. Western Springs's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.89 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1%
Two Bedrooms12.30%
Three Bedrooms47.10%
Four Bedrooms33.30%
Five Bedrooms or more6.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1954
Median Value of occupied units$323,900
Median Price asked for vacant units$266,300

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1959
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan13.50%
Simple Mortgage51.30%
Debt Free31.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%