Cherry Tree, PA Real Estate
According to census data in the year 2000 there were 159 housing units in Cherry Tree.
This represents a 5.3% growth from 151 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 159 were located in what is classified as a rural area.
Homeownership rate in Cherry Tree is about 73.6%.
Cherry Tree's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Cherry Tree were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.80% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 46.50% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $44,400 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 31.60% |
| Debt Free | 60.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
