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Welch, OK Real Estate


According to census data in the year 2000 there were 292 housing units in Welch. This represents a 14.5% growth from 255 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 292 were located in what is classified as a rural area.

Homeownership rate in Welch is about 74.1%. Welch's vacancy rate, including seasonal lodging, is about 15.4%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Welch were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom11.30%
Two Bedrooms33.90%
Three Bedrooms43.80%
Four Bedrooms9.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1963
Median Value of occupied units$44,600
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1968
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan1.40%
Simple Mortgage41.40%
Debt Free49%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%