Philadelphia, PA Real Estate
According to census data in the year 2000 there were 661,958 housing units in Philadelphia.
This represents a 1.9% decline from 674,899 in 1990.
Of those housing units, 661,958 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Philadelphia is about 59.3%.
Philadelphia's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Philadelphia were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||3.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1943|
|Median Value of occupied units||$59,700|
|Median Price asked for vacant units||$45,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.17|
|Median year structure was built||1950|
|Median Monthly Rent asked for vacant units||$444|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||5.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.2%|