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Malone, NY Real Estate


According to census data in the year 2000 there were 2,811 housing units in Malone. This represents a 7.4% decline from 3,037 in 1990.

Of those housing units, 2,765 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.

Homeownership rate in Malone is about 50.8%. Malone's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Malone were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom20.80%
Two Bedrooms23.50%
Three Bedrooms32.90%
Four Bedrooms15.90%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1939
Median Value of occupied units$53,000
Median Price asked for vacant units$51,200

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1946
Median Monthly Rent asked for vacant units$340

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan5.20%
Simple Mortgage44.80%
Debt Free46.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%