Medley, FL Real Estate
According to census data in the year 2000 there were 403 housing units in Medley.
This represents a 20.3% growth from 335 in 1990.
Of those housing units, 336 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Medley is about 66.1%.
Medley's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Medley were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 14.90% |
| One Bedroom | 26.10% |
| Two Bedrooms | 44.70% |
| Three Bedrooms | 13.90% |
| Four Bedrooms | 0.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $71,900 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 33.30% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 26.3% |
