Forest Grove, OR Real Estate
According to census data in the year 2000 there were 6,675 housing units in Forest Grove.
This represents a 30.8% growth from 5,102 in 1990.
Of those housing units, 6,625 were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.
Homeownership rate in Forest Grove is about 55.1%.
Forest Grove's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Forest Grove were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.20% |
| One Bedroom | 17.30% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $155,100 |
| Median Price asked for vacant units | $122,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $490 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 10% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 60.40% |
| Debt Free | 21.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
