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Monahans, TX Real Estate


According to census data in the year 2000 there were 3,015 housing units in Monahans. This represents a 8.8% decline from 3,305 in 1990.

Of those housing units, 2,908 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.

Homeownership rate in Monahans is about 74.6%. Monahans's vacancy rate, including seasonal lodging, is about 17.1%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Monahans were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom17.20%
Two Bedrooms27.70%
Three Bedrooms44.30%
Four Bedrooms7.90%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1961
Median Value of occupied units$37,000
Median Price asked for vacant units$21,100

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1966
Median Monthly Rent asked for vacant units$292

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.40%
Home Equity Loan1.30%
Simple Mortgage40.30%
Debt Free58%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%