Montauk, NY Real Estate
According to census data in the year 2000 there were 4,815 housing units in Montauk.
This represents a 20.5% growth from 3,996 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 4,815 were located in what is classified as a rural area.
Homeownership rate in Montauk is about 65.6%.
Montauk's vacancy rate, including seasonal lodging, is about 66.9%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Montauk were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 10.60% |
| One Bedroom | 17.10% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 28.10% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $290,400 |
| Median Price asked for vacant units | $450,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $684 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 4% |
| Simple Mortgage | 52.20% |
| Debt Free | 41.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.7% |
