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Sierra Madre, CA Real Estate


According to census data in the year 2000 there were 4,923 housing units in Sierra Madre. This represents a 1.1% growth from 4,868 in 1990.

Of those housing units, 4,923 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Sierra Madre is about 62.5%. Sierra Madre's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Sierra Madre were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom13.60%
Two Bedrooms31.60%
Three Bedrooms32.10%
Four Bedrooms13.70%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1954
Median Value of occupied units$370,500
Median Price asked for vacant units$316,700

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1956
Median Monthly Rent asked for vacant units$1,146

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage11%
Home Equity Loan9.50%
Simple Mortgage51.40%
Debt Free27.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%