Elmira, NY Real Estate
According to census data in the year 2000 there were 12,895 housing units in Elmira.
This represents a 3.1% decline from 13,301 in 1990.
Of those housing units, 12,895 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elmira is about 48.2%.
Elmira's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Elmira were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 17.30% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 36.10% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $51,900 |
| Median Price asked for vacant units | $41,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 46.10% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
