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Fayetteville, NY Real Estate


According to census data in the year 2000 there were 1,946 housing units in Fayetteville. This represents a 5.8% growth from 1,840 in 1990.

Of those housing units, 1,946 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fayetteville is about 74%. Fayetteville's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Fayetteville were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.50%
Two Bedrooms30.40%
Three Bedrooms31.90%
Four Bedrooms24.40%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1955
Median Value of occupied units$107,100
Median Price asked for vacant units$121,900

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1960
Median Monthly Rent asked for vacant units$496

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan9%
Simple Mortgage53.60%
Debt Free32.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20%