Philomath, OR Real Estate
According to census data in the year 2000 there were 1,472 housing units in Philomath.
This represents a 28.6% growth from 1,145 in 1990.
Of those housing units, 1,472 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Philomath is about 60.1%.
Philomath's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in Philomath were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 6.30% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 44% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $136,100 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $556 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 61.80% |
| Debt Free | 16.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
