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Cheney, WA Real Estate


According to census data in the year 2000 there were 3,320 housing units in Cheney. This represents a 21.5% growth from 2,733 in 1990.

Of those housing units, 3,320 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cheney is about 36.8%. Cheney's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Cheney were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type7.50%
One Bedroom21.80%
Two Bedrooms30.70%
Three Bedrooms20.40%
Four Bedrooms14%
Five Bedrooms or more5.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1971
Median Value of occupied units$116,800
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1974
Median Monthly Rent asked for vacant units$326

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.40%
Home Equity Loan4.80%
Simple Mortgage57.10%
Debt Free24.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%