Homestead, PA Real Estate
According to census data in the year 2000 there were 2,071 housing units in Homestead.
This represents a 12.6% decline from 2,370 in 1990.
Of those housing units, 2,071 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Homestead is about 41.8%.
Homestead's vacancy rate, including seasonal lodging, is about 22.4%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Homestead were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.70% |
| One Bedroom | 26.30% |
| Two Bedrooms | 36.80% |
| Three Bedrooms | 24.50% |
| Four Bedrooms | 5.70% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $32,600 |
| Median Price asked for vacant units | $25,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $248 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 36.50% |
| Debt Free | 46.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
