Luzerne, PA Real Estate
According to census data in the year 2000 there were 1,520 housing units in Luzerne.
This represents a 0.1% decline from 1,521 in 1990.
Of those housing units, 1,520 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Luzerne is about 58.7%.
Luzerne's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Luzerne were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.10% |
| One Bedroom | 9.60% |
| Two Bedrooms | 25.90% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $69,000 |
| Median Price asked for vacant units | $38,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 34.20% |
| Debt Free | 53.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
