Phelps, KY Real Estate
According to census data in the year 2000 there were 511 housing units in Phelps.
This represents a 7.6% growth from 475 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 511 were located in what is classified as a rural area.
Homeownership rate in Phelps is about 75.9%.
Phelps's vacancy rate, including seasonal lodging, is about 19.8%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Phelps were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.90% |
| Two Bedrooms | 55.80% |
| Three Bedrooms | 28.20% |
| Four Bedrooms | 3.10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $52,900 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 20.80% |
| Debt Free | 74% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.3% |
