Prospect, PA Real Estate
According to census data in the year 2000 there were 518 housing units in Prospect.
This represents a 12.4% growth from 461 in 1990.
Of those housing units, 291 were located in either urbanized areas or urban clusters, and 227 were located in what is classified as a rural area.
Homeownership rate in Prospect is about 84.6%.
Prospect's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Prospect were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.20% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 52.70% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $102,100 |
| Median Price asked for vacant units | $69,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.70% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 35.90% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
