Fayette City, PA Real Estate
According to census data in the year 2000 there were 316 housing units in Fayette City.
This represents a 7.1% decline from 340 in 1990.
Of those housing units, 316 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fayette City is about 70.3%.
Fayette City's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Fayette City were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.30% |
| Two Bedrooms | 43.40% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 7.30% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $45,800 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $370 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 27.40% |
| Debt Free | 53.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
