University Heights, IA Real Estate
According to census data in the year 2000 there were 478 housing units in University Heights.
This represents a 0.4% decline from 480 in 1990.
Of those housing units, 478 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in University Heights is about 63.7%.
University Heights's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in University Heights were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 20.70% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $161,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 53.10% |
| Debt Free | 32.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
