Durham, CT Real Estate
According to census data in the year 2000 there were 1,094 housing units in Durham.
This represents a 14.7% growth from 954 in 1990.
Of those housing units, 828 were located in either urbanized areas or urban clusters, and 266 were located in what is classified as a rural area.
Homeownership rate in Durham is about 87.7%.
Durham's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Durham were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 10% |
| Two Bedrooms | 16.60% |
| Three Bedrooms | 48.50% |
| Four Bedrooms | 21.70% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $180,700 |
| Median Price asked for vacant units | $123,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.19 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 50.50% |
| Debt Free | 26.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
