Southbridge, MA Real Estate
According to census data in the year 2000 there were 5,720 housing units in Southbridge.
This represents a 1.5% decline from 5,809 in 1990.
Of those housing units, 5,720 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Southbridge is about 37.3%.
Southbridge's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Southbridge were built after 1942.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1939|
|Median Value of occupied units||$106,900|
|Median Price asked for vacant units||$113,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.22|
|Median year structure was built||1945|
|Median Monthly Rent asked for vacant units||$497|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|