Durango, CO Real Estate
According to census data in the year 2000 there were 5,813 housing units in Durango.
This represents a 18.2% growth from 4,917 in 1990.
Of those housing units, 5,795 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.
Homeownership rate in Durango is about 52%.
Durango's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Durango were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 13.40% |
| Two Bedrooms | 33.60% |
| Three Bedrooms | 35.10% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $185,200 |
| Median Price asked for vacant units | $157,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $573 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 6% |
| Simple Mortgage | 54.30% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
