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West Chester, PA Real Estate


According to census data in the year 2000 there were 6,541 housing units in West Chester. This represents a 1.3% growth from 6,457 in 1990.

Of those housing units, 6,541 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in West Chester is about 37.3%. West Chester's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.31 people.

The majority of houses, apartments or condos in West Chester were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type4%
One Bedroom26.90%
Two Bedrooms23.80%
Three Bedrooms24.80%
Four Bedrooms14%
Five Bedrooms or more6.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1939
Median Value of occupied units$140,400
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1950
Median Monthly Rent asked for vacant units$590

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.10%
Home Equity Loan10.10%
Simple Mortgage57.60%
Debt Free24.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%