Severance, CO Real Estate

According to census data in the year 2000 there were 202 housing units in Severance. This represents a 339.1% growth from 46 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 202 were located in what is classified as a rural area.

Homeownership rate in Severance is about 81.8%. Severance's vacancy rate, including seasonal lodging, is about 2%. Average household size is 3.15 people.

The majority of houses, apartments or condos in Severance were built after 1996.


Housing Size

Housing Units by Size
Studio Type4.50%
One Bedroom3.50%
Two Bedrooms10.40%
Three Bedrooms64.40%
Four Bedrooms11.90%
Five Bedrooms or more5.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.27
Median year structure was built1997
Median Value of occupied units$138,900

Rented Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1971
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage19%
Home Equity Loan10.90%
Simple Mortgage66.70%
Debt Free3.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs25.6%