Portola Valley, CA Real Estate
According to census data in the year 2000 there were 1,809 housing units in Portola Valley.
This represents a 8% growth from 1,675 in 1990.
Of those housing units, 1,281 were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.
Homeownership rate in Portola Valley is about 83%.
Portola Valley's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Portola Valley were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 13.40% |
| Two Bedrooms | 11.40% |
| Three Bedrooms | 25% |
| Four Bedrooms | 34.30% |
| Five Bedrooms or more | 14.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.23 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 55.70% |
| Debt Free | 30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
