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Lanark, IL Housing

 
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As of 2010-2014, median price of a house in Lanark is $79,800, which is much lower than the state average of $175,700 and is much lower than the national average of $175,700. The Lanark median house value has grown by 20.91% since 2000. The growth rate for the price of a house in Lanark is lower than the state average rate of 34.33% and is lower than the national average rate of 46.91%. The median year that a house in Lanark was built is 1942, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 552 Owner Occupied Houses in Lanark, IL, #810
Lanark, IL
79,800 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #1029
Lanark, IL
20.91%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lanark, ILIllinoisU.S.
Total Housing Units747, see rank, 100%5,299,433132,741,033
Occupied Housing Units681, 91.16%, see rank90.17%87.55%
Owner Occupied552, 73.90%, see rank60.28%56.34%
Renter Occupied129, 17.27%, see rank29.89%31.21%
Vacant Housing Units66, 8.84%, see rank9.83%12.45%
For Rent10, 1.34%, see rank2.18%2.34%
For Sale Only9, 1.20%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use3, 0.40%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant44, 5.89%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1208
Lanark, ILIllinoisU.S.
194219671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lanark, IL%IllinoisU.S.
Owner-Occupied Units552100%3,194,70774,787,460
With a Mortgage33059.78%, see rank67.18%65.58%
Without a Mortgage22240.22%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lanark, IL
923 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLanark, IL%IllinoisU.S.
$299 or Less00.00%, see rank0.14%0.20%
$300 to $49930.91%, see rank1.21%1.59%
$500 to $699298.79%, see rank4.05%5.01%
$700 to $99916048.48%, see rank11.52%14.32%
$1,000 to $1,49911635.15%, see rank24.62%27.90%
$1,500 to $1,999123.64%, see rank22.62%20.35%
$2,000 to $2,999103.03%, see rank24.08%19.52%
$3,000 or More00.00%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lanark, IL
20.60% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lanark, IL%IllinoisU.S.
10% or Less154.55%, see rank5.20%5.86%
10% to 20%14243.03%, see rank31.00%31.95%
20% to 30%6620.00%, see rank27.90%27.64%
30% to 40%4914.85%, see rank14.28%13.74%
40% or More5516.67%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lanark, IL
414 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLanark, IL%IllinoisU.S.
$199 or Less114.95%, see rank4.12%7.76%
$200 to $2993817.12%, see rank8.95%14.70%
$300 to $49911049.55%, see rank27.30%34.63%
$500 to $6995223.42%, see rank25.34%21.16%
$700 or More114.95%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lanark, IL
12.50% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lanark, IL%IllinoisU.S.
10% or Less8437.84%, see rank34.64%40.19%
10% to 20%7734.68%, see rank34.00%31.47%
20% to 30%188.11%, see rank13.55%12.24%
30% to 40%229.91%, see rank6.36%5.64%
40% or More219.46%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lanark, ILIllinoisU.S.
Total Housing Units747, 100%5,299,433132,741,033
1-unit, Detached639, 85.54%, see rank58.58%61.65%
1-unit, Attached10, 1.34%, see rank5.85%5.82%
2 Units21, 2.81%, see rank5.71%3.75%
3 or 4 Units16, 2.14%, see rank6.80%4.43%
5 to 9 Units28, 3.75%, see rank6.22%4.78%
10 or More Units19, 2.54%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.14, 1.87%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lanark, ILIllinoisU.S.
Total Housing Units747, 100%5,299,433132,741,033
1 Room0, 0.00%, see rank2.20%1.95%
2 Rooms0, 0.00%, see rank2.22%2.48%
3 Rooms35, 4.69%, see rank8.27%9.13%
4 Rooms79, 10.58%, see rank16.08%16.60%
5 Rooms134, 17.94%, see rank20.31%20.41%
6 Rooms166, 22.22%, see rank18.17%18.06%
7 Rooms150, 20.08%, see rank12.12%12.27%
8 Rooms101, 13.52%, see rank8.93%8.48%
9 Rooms or More82, 10.98%, see rank11.70%10.60%
Median Rooms6.30, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lanark, ILIllinoisU.S.
Total Housing Units747, 100%5,299,433132,741,033
No Bedroom0, 0.00%, see rank2.50%2.17%
1 Bedroom48, 6.43%, see rank11.67%11.16%
2 Bedrooms215, 28.78%, see rank29.01%26.69%
3 Bedrooms344, 46.05%, see rank36.76%39.70%
4 Bedrooms130, 17.40%, see rank15.97%16.05%
5 or More Bedrooms10, 1.34%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lanark, ILIllinoisU.S.
Total Housing Units681, 100%4,778,633116,211,092
Utility Gas596, 87.52%, see rank79.46%48.85%
Bottled, Tank, or LP Gas3, 0.44%, see rank4.08%4.86%
Electricity73, 10.72%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.4, 0.59%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood3, 0.44%, see rank0.50%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.45%0.47%
No Fuel Used2, 0.29%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLanark, ILIllinoisU.S.
Occupied Units Paying Rent120, 100%1,513,61739,201,928
$199 or Less13, 10.83%, see rank1.84%1.50%
$200 to $29922, 18.33%, see rank3.23%3.18%
$300 to $49931, 25.83%, see rank7.28%7.37%
$500 to $69921, 17.50%, see rank15.00%16.01%
$700 to $99933, 27.50%, see rank33.11%29.17%
$1,000 to $1,4990, 0.00%, see rank26.04%26.88%
$1,500 to $1,9990, 0.00%, see rank8.81%9.79%
$2,000 or More0, 0.00%, see rank4.70%6.10%
Median$444, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lanark, ILIllinoisU.S.
Occupied Housing Units681, 100%4,778,633116,211,092
No Vehicles Available24, 3.52%, see rank10.79%9.12%
1 Vehicles Available200, 29.37%, see rank35.14%33.80%
2 Vehicles Available321, 47.14%, see rank36.99%37.48%
3 or More Vehicles Available136, 19.97%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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