Fenwick Island, DE Real Estate
According to census data in the year 2000 there were 692 housing units in Fenwick Island.
This represents a 3.6% growth from 668 in 1990.
Of those housing units, 574 were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Fenwick Island is about 94.6%.
Fenwick Island's vacancy rate, including seasonal lodging, is about 73.4%.
Average household size is 1.86 people.
The majority of houses, apartments or condos in Fenwick Island were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.30% |
| Two Bedrooms | 16% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 26.20% |
| Five Bedrooms or more | 7.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $278,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $1,063 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 29.40% |
| Debt Free | 58.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
