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Florida Real Estate


According to census data in the year 2000 there were 7,302,947 housing units in Florida. This represents a 19.7% from 6,100,262 in 1990.

Of those housing units, 6,521,297 were located in either urbanized areas or urban clusters, and 781,650 were located in what is classified as a rural area.

Homeownership rate in Florida is about 70.1%. Florida's vacancy rate, including seasonal lodging, is about 13.2%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Florida were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type3.4%
One Bedroom14.1%
Two Bedrooms36.6%
Three Bedrooms34.6%
Four Bedrooms9.8%
Five Bedrooms or more1.5%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1980
Median Value of occupied units$105,500
Median Price asked for vacant units$92,200

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1977
Median Monthly Rent asked for vacant units$576

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage8.5%
Home Equity Loan6.8%
Simple Mortgage56.1%
Debt Free28.3%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%

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