Fernway, PA Real Estate
According to census data in the year 2000 there were 4,362 housing units in Fernway.
This represents a 39.4% growth from 3,130 in 1990.
Of those housing units, 4,362 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fernway is about 91.4%.
Fernway's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Fernway were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.20% |
| Two Bedrooms | 16.50% |
| Three Bedrooms | 48.90% |
| Four Bedrooms | 32.80% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $137,300 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 17.70% |
| Simple Mortgage | 63.20% |
| Debt Free | 11.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
