Grottoes, VA Real Estate
According to census data in the year 2000 there were 861 housing units in Grottoes.
This represents a 50.3% growth from 573 in 1990.
Of those housing units, 854 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.
Homeownership rate in Grottoes is about 72.5%.
Grottoes's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Grottoes were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 9.50% |
| Two Bedrooms | 20.30% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $90,500 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1988 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 54.40% |
| Debt Free | 28.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
