Tavares, FL Real Estate
According to census data in the year 2000 there were 5,512 housing units in Tavares.
This represents a 24.7% growth from 4,420 in 1990.
Of those housing units, 5,459 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.
Homeownership rate in Tavares is about 80.2%.
Tavares's vacancy rate, including seasonal lodging, is about 17.6%.
Average household size is 2 people.
The majority of houses, apartments or condos in Tavares were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 14.60% |
| Two Bedrooms | 53.60% |
| Three Bedrooms | 28.10% |
| Four Bedrooms | 2.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $78,300 |
| Median Price asked for vacant units | $84,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 52.60% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
