Cochituate, MA Real Estate
According to census data in the year 2000 there were 2,529 housing units in Cochituate.
This represents a 12.4% growth from 2,249 in 1990.
Of those housing units, 2,529 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cochituate is about 87.7%.
Cochituate's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Cochituate were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.10% |
| Two Bedrooms | 18% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 32.50% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $353,700 |
| Median Price asked for vacant units | $406,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1943 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 16% |
| Simple Mortgage | 48.80% |
| Debt Free | 28.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
