Niantic, CT Real Estate
According to census data in the year 2000 there were 1,744 housing units in Niantic.
This represents a 3.2% growth from 1,690 in 1990.
Of those housing units, 1,744 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Niantic is about 65.8%.
Niantic's vacancy rate, including seasonal lodging, is about 19.6%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Niantic were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.70% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $148,200 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $708 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 43.70% |
| Debt Free | 41.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
