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Fall River, MA Real Estate


According to census data in the year 2000 there were 41,857 housing units in Fall River. This represents a 3.7% growth from 40,375 in 1990.

Of those housing units, 41,603 were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.

Homeownership rate in Fall River is about 34.9%. Fall River's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Fall River were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom17.70%
Two Bedrooms38.50%
Three Bedrooms34.80%
Four Bedrooms5.30%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1941
Median Value of occupied units$132,900
Median Price asked for vacant units$133,700

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1939
Median Monthly Rent asked for vacant units$360

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.60%
Home Equity Loan8.50%
Simple Mortgage52.90%
Debt Free33.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%