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Pennsylvania Real Estate


According to census data in the year 2000 there were 5,249,750 housing units in Pennsylvania. This represents a 6.3% from 4,938,140 in 1990.

Of those housing units, 4,012,005 were located in either urbanized areas or urban clusters, and 1,237,745 were located in what is classified as a rural area.

Homeownership rate in Pennsylvania is about 71.3%. Pennsylvania's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Pennsylvania were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.6%
One Bedroom11.4%
Two Bedrooms24.7%
Three Bedrooms43.3%
Four Bedrooms15.4%
Five Bedrooms or more3.7%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1958
Median Value of occupied units$97,000
Median Price asked for vacant units$70,100

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1955
Median Monthly Rent asked for vacant units$409

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage5.9%
Home Equity Loan10.0%
Simple Mortgage46.0%
Debt Free37.8%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%

Cities & Towns


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