Homer City, PA Real Estate
According to census data in the year 2000 there were 869 housing units in Homer City.
This represents a 2.8% growth from 845 in 1990.
Of those housing units, 869 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Homer City is about 70.4%.
Homer City's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Homer City were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.90% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 48.70% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $65,100 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 11.80% |
| Simple Mortgage | 28.50% |
| Debt Free | 54.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
