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Latimer, MS Real Estate


According to census data in the year 2000 there were 1,560 housing units in Latimer. This represents a 38.9% growth from 1,123 in 1990.

Of those housing units, 376 were located in either urbanized areas or urban clusters, and 1,184 were located in what is classified as a rural area.

Homeownership rate in Latimer is about 88.8%. Latimer's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Latimer were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom4%
Two Bedrooms25.70%
Three Bedrooms57.40%
Four Bedrooms11.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1982
Median Value of occupied units$84,600
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1983
Median Monthly Rent asked for vacant units$421

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan3.90%
Simple Mortgage60.50%
Debt Free32.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%