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Cochituate, MA Real Estate


According to census data in the year 2000 there were 2,529 housing units in Cochituate. This represents a 12.4% growth from 2,249 in 1990.

Of those housing units, 2,529 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cochituate is about 87.7%. Cochituate's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Cochituate were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6.10%
Two Bedrooms18%
Three Bedrooms38.20%
Four Bedrooms32.50%
Five Bedrooms or more5%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1957
Median Value of occupied units$353,700
Median Price asked for vacant units$406,300

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1943

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan16%
Simple Mortgage48.80%
Debt Free28.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%