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Westminster, CO Real Estate


According to census data in the year 2000 there were 39,459 housing units in Westminster. This represents a 32.1% growth from 29,868 in 1990.

Of those housing units, 39,451 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Westminster is about 70.1%. Westminster's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Westminster were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom11.70%
Two Bedrooms25.80%
Three Bedrooms37.20%
Four Bedrooms19.10%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1982
Median Value of occupied units$170,400
Median Price asked for vacant units$173,400

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1981
Median Monthly Rent asked for vacant units$784

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage17.30%
Home Equity Loan9.40%
Simple Mortgage62.10%
Debt Free10.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.2%