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Allegany, NY Real Estate


According to census data in the year 2000 there were 837 housing units in Allegany. This represents a 6.2% growth from 788 in 1990.

Of those housing units, 837 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Allegany is about 62.4%. Allegany's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Allegany were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.50%
Two Bedrooms23.40%
Three Bedrooms39.80%
Four Bedrooms20.30%
Five Bedrooms or more5%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1949
Median Value of occupied units$79,100
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1945
Median Monthly Rent asked for vacant units$356

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3%
Home Equity Loan10.60%
Simple Mortgage40.70%
Debt Free45.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%