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Prestonsburg, KY Real Estate


According to census data in the year 2000 there were 1,689 housing units in Prestonsburg. This represents a 11.4% growth from 1,516 in 1990.

Of those housing units, 1,417 were located in either urbanized areas or urban clusters, and 272 were located in what is classified as a rural area.

Homeownership rate in Prestonsburg is about 50.2%. Prestonsburg's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 1.99 people.

The majority of houses, apartments or condos in Prestonsburg were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom17.90%
Two Bedrooms30.70%
Three Bedrooms39.30%
Four Bedrooms9.50%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1963
Median Value of occupied units$85,900
Median Price asked for vacant units$43,800

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1972
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.30%
Second Mortgage4.60%
Home Equity Loan2.80%
Simple Mortgage29.60%
Debt Free60.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs12.6%