Radford, VA Real Estate
According to census data in the year 2000 there were 6,137 housing units in Radford.
This represents a 11.7% growth from 5,496 in 1990.
Of those housing units, 5,934 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Radford is about 44.5%.
Radford's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Radford were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 11.20% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 33.90% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $95,100 |
| Median Price asked for vacant units | $84,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 48.90% |
| Debt Free | 37.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
