South Amherst, MA Real Estate
According to census data in the year 2000 there were 1,571 housing units in South Amherst.
This represents a 6.7% growth from 1,473 in 1990.
Of those housing units, 1,517 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in South Amherst is about 52.4%.
South Amherst's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in South Amherst were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 11.60% |
| Two Bedrooms | 39.10% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.21 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $153,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.70% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 62.50% |
| Debt Free | 19.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
