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Elsmere, DE Real Estate


According to census data in the year 2000 there were 2,382 housing units in Elsmere. This represents a 3.6% decline from 2,471 in 1990.

Of those housing units, 2,382 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elsmere is about 66.6%. Elsmere's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Elsmere were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.30%
Two Bedrooms33.70%
Three Bedrooms45%
Four Bedrooms7.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1950
Median Value of occupied units$88,300
Median Price asked for vacant units$69,400

Rented Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1954
Median Monthly Rent asked for vacant units$564

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.80%
Home Equity Loan5%
Simple Mortgage50.40%
Debt Free33.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%