Buchanan, GA Real Estate
According to census data in the year 2000 there were 393 housing units in Buchanan.
This represents a 1.8% growth from 386 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 393 were located in what is classified as a rural area.
Homeownership rate in Buchanan is about 59.7%.
Buchanan's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Buchanan were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.90% |
| Two Bedrooms | 34.40% |
| Three Bedrooms | 50.40% |
| Four Bedrooms | 5.30% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $55,700 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $356 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 33.10% |
| Debt Free | 60.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
