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Silver Springs, NY Real Estate


According to census data in the year 2000 there were 374 housing units in Silver Springs. This represents a 10% growth from 340 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 374 were located in what is classified as a rural area.

Homeownership rate in Silver Springs is about 71.4%. Silver Springs's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.48 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom11.20%
Two Bedrooms31.60%
Three Bedrooms40.90%
Four Bedrooms11%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1939
Median Value of occupied units$58,900
Median Price asked for vacant units$56,300

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1939
Median Monthly Rent asked for vacant units$245

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan14.60%
Simple Mortgage46.60%
Debt Free31.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%