Water Valley, KY Real Estate
According to census data in the year 2000 there were 171 housing units in Water Valley.
This represents a 3% growth from 166 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 171 were located in what is classified as a rural area.
Homeownership rate in Water Valley is about 71.5%.
Water Valley's vacancy rate, including seasonal lodging, is about 19.9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Water Valley were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.30% |
| Two Bedrooms | 47.40% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $42,900 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 28.90% |
| Debt Free | 59.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
