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Penn Yan, NY Real Estate


According to census data in the year 2000 there were 2,281 housing units in Penn Yan. This represents a 0.4% growth from 2,271 in 1990.

Of those housing units, 2,202 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in Penn Yan is about 57.3%. Penn Yan's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Penn Yan were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom18.50%
Two Bedrooms25.40%
Three Bedrooms37%
Four Bedrooms13.30%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$70,400
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1939
Median Monthly Rent asked for vacant units$370

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan3.30%
Simple Mortgage49.10%
Debt Free44.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%