Blue Ridge, VA Real Estate
According to census data in the year 2000 there were 1,274 housing units in Blue Ridge.
This represents a 25.3% growth from 1,017 in 1990.
Of those housing units, 630 were located in either urbanized areas or urban clusters, and 644 were located in what is classified as a rural area.
Homeownership rate in Blue Ridge is about 92.7%.
Blue Ridge's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Blue Ridge were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.10% |
| Two Bedrooms | 20.60% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 30.80% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $135,000 |
| Median Price asked for vacant units | $212,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.29 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $763 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 14.50% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 47.30% |
| Debt Free | 25.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
