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Homer, NY Real Estate


According to census data in the year 2000 there were 1,460 housing units in Homer. This represents a 5.9% growth from 1,379 in 1990.

Of those housing units, 1,445 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.

Homeownership rate in Homer is about 68.5%. Homer's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Homer were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom15.70%
Two Bedrooms23.50%
Three Bedrooms35%
Four Bedrooms18.40%
Five Bedrooms or more7%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1952
Median Value of occupied units$77,900
Median Price asked for vacant units$81,900

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1939
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage3.40%
Home Equity Loan12.30%
Simple Mortgage53.60%
Debt Free29.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%