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Leominster, MA Real Estate


According to census data in the year 2000 there were 16,976 housing units in Leominster. This represents a 9.3% growth from 15,533 in 1990.

Of those housing units, 16,571 were located in either urbanized areas or urban clusters, and 405 were located in what is classified as a rural area.

Homeownership rate in Leominster is about 57.8%. Leominster's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Leominster were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom16.10%
Two Bedrooms34.70%
Three Bedrooms33.70%
Four Bedrooms10.90%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1963
Median Value of occupied units$140,500
Median Price asked for vacant units$150,500

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1962
Median Monthly Rent asked for vacant units$568

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.30%
Home Equity Loan12.90%
Simple Mortgage53.70%
Debt Free27.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%