Modesto, CA Real Estate
According to census data in the year 2000 there were 67,278 housing units in Modesto.
This represents a 10.5% growth from 60,878 in 1990.
Of those housing units, 67,265 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Modesto is about 58.9%.
Modesto's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Modesto were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||1.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.89|
|Median year structure was built||1976|
|Median Value of occupied units||$126,000|
|Median Price asked for vacant units||$121,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$567|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||6.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.6%|