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Chicopee, MA Real Estate


According to census data in the year 2000 there were 24,424 housing units in Chicopee. This represents a 3.1% growth from 23,690 in 1990.

Of those housing units, 24,138 were located in either urbanized areas or urban clusters, and 286 were located in what is classified as a rural area.

Homeownership rate in Chicopee is about 59.3%. Chicopee's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Chicopee were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom15.20%
Two Bedrooms37.60%
Three Bedrooms36%
Four Bedrooms7.50%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1955
Median Value of occupied units$104,900
Median Price asked for vacant units$122,300

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1950
Median Monthly Rent asked for vacant units$472

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.30%
Home Equity Loan7.80%
Simple Mortgage46.50%
Debt Free40.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%