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Morada, CA Real Estate


According to census data in the year 2000 there were 1,372 housing units in Morada. This represents a 2.5% growth from 1,339 in 1990.

Of those housing units, 1,326 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.

Homeownership rate in Morada is about 88.8%. Morada's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Morada were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom2%
Two Bedrooms20.80%
Three Bedrooms51.20%
Four Bedrooms20.30%
Five Bedrooms or more4.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1966
Median Value of occupied units$248,600
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1962
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.40%
Home Equity Loan8.70%
Simple Mortgage60.40%
Debt Free21.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%