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El Verano, CA Real Estate


According to census data in the year 2000 there were 1,557 housing units in El Verano. This represents a 8.7% growth from 1,432 in 1990.

Of those housing units, 1,557 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in El Verano is about 53%. El Verano's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.73 people.

The majority of houses, apartments or condos in El Verano were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom12.80%
Two Bedrooms44.60%
Three Bedrooms31.10%
Four Bedrooms8.10%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1975
Median Value of occupied units$270,000
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1971

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.70%
Home Equity Loan9.50%
Simple Mortgage58.10%
Debt Free20.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs24.1%