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Babylon, NY Real Estate


According to census data in the year 2000 there were 4,680 housing units in Babylon. This represents a 3.2% growth from 4,536 in 1990.

Of those housing units, 4,680 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Babylon is about 76.2%. Babylon's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Babylon were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom13.60%
Two Bedrooms17.20%
Three Bedrooms39%
Four Bedrooms22.20%
Five Bedrooms or more6.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1953
Median Value of occupied units$209,900
Median Price asked for vacant units$158,300

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1956
Median Monthly Rent asked for vacant units$1,083

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.20%
Home Equity Loan9.80%
Simple Mortgage54.10%
Debt Free28.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.8%