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Homestead, PA Real Estate


According to census data in the year 2000 there were 2,071 housing units in Homestead. This represents a 12.6% decline from 2,370 in 1990.

Of those housing units, 2,071 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Homestead is about 41.8%. Homestead's vacancy rate, including seasonal lodging, is about 22.4%. Average household size is 2.16 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type3.70%
One Bedroom26.30%
Two Bedrooms36.80%
Three Bedrooms24.50%
Four Bedrooms5.70%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1939
Median Value of occupied units$32,600
Median Price asked for vacant units$25,500

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1945
Median Monthly Rent asked for vacant units$248

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan10.60%
Simple Mortgage36.50%
Debt Free46.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23%