Great Falls, VA Real Estate
According to census data in the year 2000 there were 2,827 housing units in Great Falls.
This represents a 22.5% growth from 2,308 in 1990.
Of those housing units, 1,830 were located in either urbanized areas or urban clusters, and 997 were located in what is classified as a rural area.
Homeownership rate in Great Falls is about 95.4%.
Great Falls's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 3.09 people.
The majority of houses, apartments or condos in Great Falls were built after 1979.
|Housing Units by Size|
|Five Bedrooms or more||30%|
Owned Homes, Apartments and Condos
|Average Household Size||3.1|
|Median year structure was built||1979|
|Median Value of occupied units||$596,100|
|Median Price asked for vacant units||$875,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.97|
|Median year structure was built||1975|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||10.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.9%|