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Medina, NY Real Estate


According to census data in the year 2000 there were 2,802 housing units in Medina. This represents a 1.1% growth from 2,771 in 1990.

Of those housing units, 2,802 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Medina is about 59.3%. Medina's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.42 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom16.60%
Two Bedrooms29%
Three Bedrooms34.20%
Four Bedrooms13.40%
Five Bedrooms or more5.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1939
Median Value of occupied units$61,300
Median Price asked for vacant units$39,300

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1939
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan5.70%
Simple Mortgage51.60%
Debt Free41.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%