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Frederica, DE Real Estate


According to census data in the year 2000 there were 266 housing units in Frederica. This represents a 16.1% decline from 317 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 266 were located in what is classified as a rural area.

Homeownership rate in Frederica is about 73.6%. Frederica's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Frederica were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom7.10%
Two Bedrooms28.20%
Three Bedrooms42.90%
Four Bedrooms16.20%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1939
Median Value of occupied units$76,300
Median Price asked for vacant units$63,000

Rented Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1939
Median Monthly Rent asked for vacant units$414

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan8%
Simple Mortgage55.50%
Debt Free35%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%