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King of Prussia, PA Real Estate


According to census data in the year 2000 there were 8,723 housing units in King of Prussia. This represents a 4.1% growth from 8,376 in 1990.

Of those housing units, 8,723 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in King of Prussia is about 59.2%. King of Prussia's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.22 people.

The majority of houses, apartments or condos in King of Prussia were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom17.80%
Two Bedrooms25.50%
Three Bedrooms30.50%
Four Bedrooms20.90%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1963
Median Value of occupied units$157,800
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1972
Median Monthly Rent asked for vacant units$898

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage4.90%
Home Equity Loan11.30%
Simple Mortgage48%
Debt Free35.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%