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Penn Valley, CA Real Estate


According to census data in the year 2000 there were 573 housing units in Penn Valley. This represents a 8.3% growth from 529 in 1990.

Of those housing units, 543 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.

Homeownership rate in Penn Valley is about 84.2%. Penn Valley's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Penn Valley were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom10.60%
Two Bedrooms31.90%
Three Bedrooms42.20%
Four Bedrooms13.30%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1977
Median Value of occupied units$168,800
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1977

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan2.40%
Simple Mortgage52.60%
Debt Free39.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.2%