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Hereford, TX Real Estate


According to census data in the year 2000 there were 5,274 housing units in Hereford. This represents a 2.4% decline from 5,404 in 1990.

Of those housing units, 5,235 were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.

Homeownership rate in Hereford is about 65.6%. Hereford's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.97 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom12.50%
Two Bedrooms30.40%
Three Bedrooms45%
Four Bedrooms8.50%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1966
Median Value of occupied units$46,000
Median Price asked for vacant units$23,500

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1970
Median Monthly Rent asked for vacant units$273

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage1%
Home Equity Loan3.30%
Simple Mortgage50.60%
Debt Free44.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%