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Farrell, PA Real Estate


According to census data in the year 2000 there were 2,756 housing units in Farrell. This represents a 9% decline from 3,030 in 1990.

Of those housing units, 2,756 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Farrell is about 70%. Farrell's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Farrell were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom10.60%
Two Bedrooms26.20%
Three Bedrooms52.20%
Four Bedrooms9.40%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1944
Median Value of occupied units$43,700
Median Price asked for vacant units$37,700

Rented Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1945
Median Monthly Rent asked for vacant units$163

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.50%
Home Equity Loan3.80%
Simple Mortgage31.60%
Debt Free58.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16%