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Swarthmore, PA Real Estate


According to census data in the year 2000 there were 2,064 housing units in Swarthmore. This represents a 2.4% decline from 2,115 in 1990.

Of those housing units, 2,064 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Swarthmore is about 72.1%. Swarthmore's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Swarthmore were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom10.50%
Two Bedrooms22%
Three Bedrooms25.40%
Four Bedrooms20.40%
Five Bedrooms or more19.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1939
Median Value of occupied units$258,000
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.27
Median year structure was built1944
Median Monthly Rent asked for vacant units$730

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage13.60%
Home Equity Loan11.70%
Simple Mortgage42.20%
Debt Free31.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%