Home

Babson Park, FL Real Estate


According to census data in the year 2000 there were 357 housing units in Babson Park. This represents a 18.5% decline from 438 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 357 were located in what is classified as a rural area.

Homeownership rate in Babson Park is about 88.2%. Babson Park's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Babson Park were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.50%
Two Bedrooms30.50%
Three Bedrooms66.90%
Four Bedrooms0%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1978
Median Value of occupied units$67,500
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1965
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.50%
Home Equity Loan8.90%
Simple Mortgage43%
Debt Free34.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%