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Lake Mohegan, NY Real Estate


According to census data in the year 2000 there were 2,039 housing units in Lake Mohegan.

Of those housing units, 2,039 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Mohegan is about 78.8%. Lake Mohegan's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Lake Mohegan were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom14%
Two Bedrooms29.90%
Three Bedrooms35%
Four Bedrooms16.50%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1966
Median Value of occupied units$206,200
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1983
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan11.40%
Simple Mortgage60.30%
Debt Free22.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs24.9%