Palm Valley, FL Real Estate
According to census data in the year 2000 there were 8,644 housing units in Palm Valley.
This represents a 79.6% growth from 4,814 in 1990.
Of those housing units, 8,636 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Palm Valley is about 68.8%.
Palm Valley's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Palm Valley were built after 1990.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.50% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 23.10% |
| Five Bedrooms or more | 6.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $249,600 |
| Median Price asked for vacant units | $355,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $881 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 62.60% |
| Debt Free | 18.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
