Grand Terrace, CA Real Estate

According to census data in the year 2000 there were 4,401 housing units in Grand Terrace. This represents a 8.4% growth from 4,059 in 1990.

Of those housing units, 4,401 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Grand Terrace is about 65.5%. Grand Terrace's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Grand Terrace were built after 1975.


Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom10.70%
Two Bedrooms22.40%
Three Bedrooms38%
Four Bedrooms22.90%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1971
Median Value of occupied units$142,600
Median Price asked for vacant units$154,200

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1982
Median Monthly Rent asked for vacant units$651

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage14.30%
Home Equity Loan4.40%
Simple Mortgage62.90%
Debt Free18.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%