Revere, MA Real Estate
According to census data in the year 2000 there were 20,181 housing units in Revere.
This represents a 7.8% growth from 18,726 in 1990.
Of those housing units, 20,181 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Revere is about 49.9%.
Revere's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Revere were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 22.70% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 28.30% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $168,200 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $705 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 7% |
| Simple Mortgage | 46.20% |
| Debt Free | 39.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
