Home

Homer City, PA Real Estate


According to census data in the year 2000 there were 869 housing units in Homer City. This represents a 2.8% growth from 845 in 1990.

Of those housing units, 869 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Homer City is about 70.4%. Homer City's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Homer City were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.90%
Two Bedrooms29.70%
Three Bedrooms48.70%
Four Bedrooms10.20%
Five Bedrooms or more0.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1942
Median Value of occupied units$65,100
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1955
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan11.80%
Simple Mortgage28.50%
Debt Free54.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%