Phelps, NY Real Estate
According to census data in the year 2000 there were 881 housing units in Phelps.
This represents a 12.5% growth from 783 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 881 were located in what is classified as a rural area.
Homeownership rate in Phelps is about 69.8%.
Phelps's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Phelps were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 14.10% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 42% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $75,500 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $421 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 50.50% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
