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Durham, CT Real Estate


According to census data in the year 2000 there were 1,094 housing units in Durham. This represents a 14.7% growth from 954 in 1990.

Of those housing units, 828 were located in either urbanized areas or urban clusters, and 266 were located in what is classified as a rural area.

Homeownership rate in Durham is about 87.7%. Durham's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Durham were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom10%
Two Bedrooms16.60%
Three Bedrooms48.50%
Four Bedrooms21.70%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1966
Median Value of occupied units$180,700
Median Price asked for vacant units$123,200

Rented Homes, Apartments and Condos

Average Household Size1.19
Median year structure was built1954
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage12.90%
Home Equity Loan8.90%
Simple Mortgage50.50%
Debt Free26.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.2%