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Parowan, UT Real Estate


According to census data in the year 2000 there were 1,197 housing units in Parowan. This represents a 38.2% growth from 866 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,197 were located in what is classified as a rural area.

Homeownership rate in Parowan is about 81.6%. Parowan's vacancy rate, including seasonal lodging, is about 25.7%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Parowan were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6.50%
Two Bedrooms30.10%
Three Bedrooms34.10%
Four Bedrooms18%
Five Bedrooms or more11.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1973
Median Value of occupied units$102,300
Median Price asked for vacant units$93,300

Rented Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1964
Median Monthly Rent asked for vacant units$378

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage4.20%
Home Equity Loan6.70%
Simple Mortgage44.20%
Debt Free44.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%