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Olmsted, IL Housing

 
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As of 2010-2014, median price of a house in Olmsted is $48,900, which is much lower than the state average of $175,700 and is much lower than the national average of $175,700. The Olmsted median house value has grown by 33.24% since 2000. The growth rate for the price of a house in Olmsted is about the same as 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 Olmsted was built is 1958, 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 136 Owner Occupied Houses in Olmsted, IL, #1228
Olmsted, IL
48,900 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #682
Olmsted, IL
33.24%
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

 Olmsted, ILIllinoisU.S.
Total Housing Units197, see rank, 100%5,299,433132,741,033
Occupied Housing Units170, 86.29%, see rank90.17%87.55%
Owner Occupied136, 69.04%, see rank60.28%56.34%
Renter Occupied34, 17.26%, see rank29.89%31.21%
Vacant Housing Units27, 13.71%, see rank9.83%12.45%
For Rent0, 0.00%, see rank2.18%2.34%
For Sale Only4, 2.03%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use11, 5.58%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant12, 6.09%, see rank4.46%4.00%

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

Year Structure Built

Median Built Year, #804
Olmsted, ILIllinoisU.S.
195819671976

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

 Olmsted, IL%IllinoisU.S.
Owner-Occupied Units136100%3,194,70774,787,460
With a Mortgage6245.59%, see rank67.18%65.58%
Without a Mortgage7454.41%, 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
Olmsted, IL
674 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOlmsted, IL%IllinoisU.S.
$299 or Less23.23%, see rank0.14%0.20%
$300 to $4991117.74%, see rank1.21%1.59%
$500 to $6992337.10%, see rank4.05%5.01%
$700 to $999812.90%, see rank11.52%14.32%
$1,000 to $1,4991422.58%, see rank24.62%27.90%
$1,500 to $1,99946.45%, see rank22.62%20.35%
$2,000 to $2,99900.00%, 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
Olmsted, IL
19.50% 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
 Olmsted, IL%IllinoisU.S.
10% or Less1727.42%, see rank5.20%5.86%
10% to 20%1524.19%, see rank31.00%31.95%
20% to 30%1219.35%, see rank27.90%27.64%
30% to 40%23.23%, see rank14.28%13.74%
40% or More1625.81%, 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
Olmsted, IL
300 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOlmsted, IL%IllinoisU.S.
$199 or Less45.41%, see rank4.12%7.76%
$200 to $2993344.59%, see rank8.95%14.70%
$300 to $4993445.95%, see rank27.30%34.63%
$500 to $69900.00%, see rank25.34%21.16%
$700 or More34.05%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Olmsted, 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
 Olmsted, IL%IllinoisU.S.
10% or Less2635.14%, see rank34.64%40.19%
10% to 20%2939.19%, see rank34.00%31.47%
20% to 30%22.70%, see rank13.55%12.24%
30% to 40%56.76%, see rank6.36%5.64%
40% or More1216.22%, 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

 Olmsted, ILIllinoisU.S.
Total Housing Units197, 100%5,299,433132,741,033
1-unit, Detached139, 70.56%, see rank58.58%61.65%
1-unit, Attached5, 2.54%, see rank5.85%5.82%
2 Units0, 0.00%, see rank5.71%3.75%
3 or 4 Units1, 0.51%, see rank6.80%4.43%
5 to 9 Units0, 0.00%, see rank6.22%4.78%
10 or More Units0, 0.00%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.52, 26.40%, see rank2.61%6.49%

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

Rooms

 Olmsted, ILIllinoisU.S.
Total Housing Units197, 100%5,299,433132,741,033
1 Room2, 1.02%, see rank2.20%1.95%
2 Rooms0, 0.00%, see rank2.22%2.48%
3 Rooms18, 9.14%, see rank8.27%9.13%
4 Rooms34, 17.26%, see rank16.08%16.60%
5 Rooms53, 26.90%, see rank20.31%20.41%
6 Rooms26, 13.20%, see rank18.17%18.06%
7 Rooms46, 23.35%, see rank12.12%12.27%
8 Rooms8, 4.06%, see rank8.93%8.48%
9 Rooms or More10, 5.08%, see rank11.70%10.60%
Median Rooms5.30, see rank5.605.50

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

Bedrooms

 Olmsted, ILIllinoisU.S.
Total Housing Units197, 100%5,299,433132,741,033
No Bedroom2, 1.02%, see rank2.50%2.17%
1 Bedroom13, 6.60%, see rank11.67%11.16%
2 Bedrooms69, 35.03%, see rank29.01%26.69%
3 Bedrooms96, 48.73%, see rank36.76%39.70%
4 Bedrooms10, 5.08%, see rank15.97%16.05%
5 or More Bedrooms7, 3.55%, see rank4.10%4.22%

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

House Heating Fuel

 Olmsted, ILIllinoisU.S.
Total Housing Units170, 100%4,778,633116,211,092
Utility Gas72, 42.35%, see rank79.46%48.85%
Bottled, Tank, or LP Gas19, 11.18%, see rank4.08%4.86%
Electricity77, 45.29%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood2, 1.18%, 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 Used0, 0.00%, see rank0.46%1.00%

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

Gross Rent

Monthly RentalOlmsted, ILIllinoisU.S.
Occupied Units Paying Rent24, 100%1,513,61739,201,928
$199 or Less0, 0.00%, see rank1.84%1.50%
$200 to $2994, 16.67%, see rank3.23%3.18%
$300 to $49911, 45.83%, see rank7.28%7.37%
$500 to $6999, 37.50%, see rank15.00%16.01%
$700 to $9990, 0.00%, 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$479, see rank$903$920

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

Vehicle Available

 Olmsted, ILIllinoisU.S.
Occupied Housing Units170, 100%4,778,633116,211,092
No Vehicles Available14, 8.24%, see rank10.79%9.12%
1 Vehicles Available67, 39.41%, see rank35.14%33.80%
2 Vehicles Available59, 34.71%, see rank36.99%37.48%
3 or More Vehicles Available30, 17.65%, see rank17.09%19.61%

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


 
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