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Kermit, TX Real Estate


According to census data in the year 2000 there were 2,572 housing units in Kermit. This represents a 13.8% decline from 2,985 in 1990.

Of those housing units, 2,562 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Kermit is about 82.8%. Kermit's vacancy rate, including seasonal lodging, is about 19%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Kermit were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom6.20%
Two Bedrooms40.20%
Three Bedrooms45.60%
Four Bedrooms5.90%
Five Bedrooms or more0.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1959
Median Value of occupied units$28,700
Median Price asked for vacant units$11,400

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1963
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan0.70%
Simple Mortgage29.50%
Debt Free68.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%