Longboat Key, FL Real Estate
According to census data in the year 2000 there were 8,864 housing units in Longboat Key.
This represents a 25.4% growth from 7,067 in 1990.
Of those housing units, 8,864 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Longboat Key is about 91.9%.
Longboat Key's vacancy rate, including seasonal lodging, is about 51.6%.
Average household size is 1.76 people.
The majority of houses, apartments or condos in Longboat Key were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 3.80% |
| Two Bedrooms | 61.70% |
| Three Bedrooms | 28.70% |
| Four Bedrooms | 4.40% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $413,100 |
| Median Price asked for vacant units | $400,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $1,729 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 40% |
| Debt Free | 45.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
