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Fayette City, PA Real Estate


According to census data in the year 2000 there were 316 housing units in Fayette City. This represents a 7.1% decline from 340 in 1990.

Of those housing units, 316 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fayette City is about 70.3%. Fayette City's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Fayette City were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.30%
Two Bedrooms43.40%
Three Bedrooms39.60%
Four Bedrooms7.30%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1939
Median Value of occupied units$45,800
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1939
Median Monthly Rent asked for vacant units$370

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan10.10%
Simple Mortgage27.40%
Debt Free53.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%