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Montpelier, VT Real Estate


According to census data in the year 2000 there were 3,899 housing units in Montpelier. This represents a 3.4% growth from 3,769 in 1990.

Of those housing units, 3,710 were located in either urbanized areas or urban clusters, and 189 were located in what is classified as a rural area.

Homeownership rate in Montpelier is about 54.2%. Montpelier's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Montpelier were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom21.40%
Two Bedrooms23.90%
Three Bedrooms33.20%
Four Bedrooms13.60%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1951
Median Value of occupied units$109,500
Median Price asked for vacant units$87,500

Rented Homes, Apartments and Condos

Average Household Size1.58
Median year structure was built1939
Median Monthly Rent asked for vacant units$519

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan8.30%
Simple Mortgage57.50%
Debt Free29.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%