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Winchester, MA Real Estate


According to census data in the year 2000 there were 7,908 housing units in Winchester. This represents a 4.6% growth from 7,559 in 1990.

Of those housing units, 7,908 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Winchester is about 80.4%. Winchester's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Winchester were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom7.20%
Two Bedrooms17.60%
Three Bedrooms34.80%
Four Bedrooms23.90%
Five Bedrooms or more14.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1944
Median Value of occupied units$421,800
Median Price asked for vacant units$815,800

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1951
Median Monthly Rent asked for vacant units$975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage4.70%
Home Equity Loan12.30%
Simple Mortgage49.70%
Debt Free32.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%