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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 Type0.50%
One Bedroom14.10%
Two Bedrooms26.10%
Three Bedrooms42%
Four Bedrooms13.80%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1939
Median Value of occupied units$75,500
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1941
Median Monthly Rent asked for vacant units$421

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan10.10%
Simple Mortgage50.50%
Debt Free34.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%