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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 Type1.70%
One Bedroom13.40%
Two Bedrooms11.40%
Three Bedrooms25%
Four Bedrooms34.30%
Five Bedrooms or more14.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1963
Median Value of occupied units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size1.23
Median year structure was built1965
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan10.80%
Simple Mortgage55.70%
Debt Free30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%