Downingtown, PA Real Estate
According to census data in the year 2000 there were 3,197 housing units in Downingtown.
This represents a 1.3% growth from 3,157 in 1990.
Of those housing units, 3,197 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Downingtown is about 53.2%.
Downingtown's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Downingtown were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 23% |
| Two Bedrooms | 23.70% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.02 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $117,000 |
| Median Price asked for vacant units | $90,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.69 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $677 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 54% |
| Debt Free | 26.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
