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Nahant, MA Real Estate


According to census data in the year 2000 there were 1,704 housing units in Nahant. This represents a 1% growth from 1,687 in 1990.

Of those housing units, 1,704 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Nahant is about 68.1%. Nahant's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Nahant were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom21.70%
Two Bedrooms21.60%
Three Bedrooms32.10%
Four Bedrooms15.10%
Five Bedrooms or more8.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1939
Median Value of occupied units$285,400
Median Price asked for vacant units$587,500

Rented Homes, Apartments and Condos

Average Household Size1.53
Median year structure was built1947
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage7.60%
Home Equity Loan6.60%
Simple Mortgage60.60%
Debt Free24.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%