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Forest City, FL Real Estate


According to census data in the year 2000 there were 4,909 housing units in Forest City. This represents a 16% growth from 4,231 in 1990.

Of those housing units, 4,909 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Forest City is about 69.1%. Forest City's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Forest City were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom12.40%
Two Bedrooms17.80%
Three Bedrooms43.70%
Four Bedrooms20.90%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1981
Median Value of occupied units$108,500
Median Price asked for vacant units$210,900

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1983
Median Monthly Rent asked for vacant units$684

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.40%
Home Equity Loan9.20%
Simple Mortgage60.90%
Debt Free19.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%