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 Type | 1.70% |
| One Bedroom | 7.20% |
| Two Bedrooms | 17.60% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 23.90% |
| Five Bedrooms or more | 14.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $421,800 |
| Median Price asked for vacant units | $815,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $975 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 12.30% |
| Simple Mortgage | 49.70% |
| Debt Free | 32.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
