Hermiston, OR Real Estate
According to census data in the year 2000 there were 5,421 housing units in Hermiston.
This represents a 31.9% growth from 4,110 in 1990.
Of those housing units, 5,344 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Hermiston is about 55.1%.
Hermiston's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Hermiston were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 14.50% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $99,700 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $437 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 58.40% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
