Palm Coast, FL Real Estate
According to census data in the year 2000 there were 15,113 housing units in Palm Coast.
This represents a 100.9% growth from 7,522 in 1990.
Of those housing units, 12,741 were located in either urbanized areas or urban clusters, and 2,372 were located in what is classified as a rural area.
Homeownership rate in Palm Coast is about 86.4%.
Palm Coast's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Palm Coast were built after 1990.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 1.70% |
| Two Bedrooms | 17.30% |
| Three Bedrooms | 68.50% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $112,500 |
| Median Price asked for vacant units | $107,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $618 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 6% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 49.60% |
| Debt Free | 35.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
