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Richton, MS Real Estate


According to census data in the year 2000 there were 500 housing units in Richton. This represents a 12.6% growth from 444 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.

Homeownership rate in Richton is about 71%. Richton's vacancy rate, including seasonal lodging, is about 20%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Richton were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10%
Two Bedrooms28.80%
Three Bedrooms49.60%
Four Bedrooms9.40%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1968
Median Value of occupied units$51,900
Median Price asked for vacant units$35,000

Rented Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1971
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan1.60%
Simple Mortgage45.50%
Debt Free44.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%