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Demorest, GA Real Estate


According to census data in the year 2000 there were 575 housing units in Demorest. This represents a 30.4% growth from 441 in 1990.

Of those housing units, 537 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.

Homeownership rate in Demorest is about 59.2%. Demorest's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Demorest were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14.30%
Two Bedrooms42.80%
Three Bedrooms34.80%
Four Bedrooms4.90%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1964
Median Value of occupied units$84,300
Median Price asked for vacant units$71,700

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1970
Median Monthly Rent asked for vacant units$385

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.80%
Home Equity Loan1.60%
Simple Mortgage49.60%
Debt Free48%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%