Solvay, NY Real Estate
According to census data in the year 2000 there were 3,286 housing units in Solvay.
This represents a 5.5% growth from 3,115 in 1990.
Of those housing units, 3,286 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Solvay is about 54.8%.
Solvay's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Solvay were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 14.20% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $79,700 |
| Median Price asked for vacant units | $76,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $457 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 43.20% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
