Colonie, NY Real Estate
According to census data in the year 2000 there were 3,264 housing units in Colonie.
This represents a 9.5% growth from 2,981 in 1990.
Of those housing units, 3,264 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Colonie is about 83.3%.
Colonie's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Colonie were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 22.10% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $106,700 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 11% |
| Simple Mortgage | 50.40% |
| Debt Free | 33% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
