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Cornelia, GA Real Estate


According to census data in the year 2000 there were 1,672 housing units in Cornelia. This represents a 14.8% growth from 1,456 in 1990.

Of those housing units, 1,627 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.

Homeownership rate in Cornelia is about 61%. Cornelia's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Cornelia were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom10.40%
Two Bedrooms35%
Three Bedrooms41.10%
Four Bedrooms9.30%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1966
Median Value of occupied units$88,300
Median Price asked for vacant units$92,800

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1973
Median Monthly Rent asked for vacant units$391

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan2.40%
Simple Mortgage45%
Debt Free50.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%