Irvine, CA Real Estate
According to census data in the year 2000 there were 53,712 housing units in Irvine.
This represents a 27.2% growth from 42,221 in 1990.
Of those housing units, 53,682 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Irvine is about 60%.
Irvine's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Irvine were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 14.30% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 26.80% |
| Four Bedrooms | 18.10% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $316,800 |
| Median Price asked for vacant units | $295,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $1,396 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.30% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 68.10% |
| Debt Free | 11% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
