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Wellington, FL Real Estate


According to census data in the year 2000 there were 14,716 housing units in Wellington. This represents a 56.9% growth from 9,377 in 1990.

Of those housing units, 14,148 were located in either urbanized areas or urban clusters, and 568 were located in what is classified as a rural area.

Homeownership rate in Wellington is about 82.1%. Wellington's vacancy rate, including seasonal lodging, is about 12.4%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Wellington were built after 1988.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom2.60%
Two Bedrooms18%
Three Bedrooms44.60%
Four Bedrooms27.30%
Five Bedrooms or more7%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1988
Median Value of occupied units$164,800
Median Price asked for vacant units$135,800

Rented Homes, Apartments and Condos

Average Household Size3.2
Median year structure was built1988
Median Monthly Rent asked for vacant units$961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.40%
Home Equity Loan9.10%
Simple Mortgage64.30%
Debt Free15.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%