Cedar Falls, IA Real Estate
According to census data in the year 2000 there were 13,294 housing units in Cedar Falls.
This represents a 10.2% growth from 12,066 in 1990.
Of those housing units, 12,386 were located in either urbanized areas or urban clusters, and 908 were located in what is classified as a rural area.
Homeownership rate in Cedar Falls is about 64.4%.
Cedar Falls's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Cedar Falls were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 12.50% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $102,500 |
| Median Price asked for vacant units | $106,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $555 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 46.30% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
