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Swampscott, MA Real Estate


According to census data in the year 2000 there were 5,930 housing units in Swampscott. This represents a 4.9% growth from 5,652 in 1990.

Of those housing units, 5,930 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Swampscott is about 76.6%. Swampscott's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Swampscott were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom8.20%
Two Bedrooms30.10%
Three Bedrooms35.40%
Four Bedrooms18.20%
Five Bedrooms or more7.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1942
Median Value of occupied units$279,900
Median Price asked for vacant units$58,500

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1944
Median Monthly Rent asked for vacant units$892

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.70%
Home Equity Loan8.70%
Simple Mortgage52.80%
Debt Free31.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%