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Nevada City, CA Real Estate


According to census data in the year 2000 there were 1,406 housing units in Nevada City. This represents a 0.5% growth from 1,399 in 1990.

Of those housing units, 1,388 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.

Homeownership rate in Nevada City is about 61.2%. Nevada City's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.07 people.

The majority of houses, apartments or condos in Nevada City were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom14.40%
Two Bedrooms34%
Three Bedrooms33.90%
Four Bedrooms10.70%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1948
Median Value of occupied units$229,600
Median Price asked for vacant units$412,500

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1950
Median Monthly Rent asked for vacant units$825

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan5%
Simple Mortgage50.40%
Debt Free36.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%