Montgomery, PA Real Estate
According to census data in the year 2000 there were 680 housing units in Montgomery.
This represents a 4.8% growth from 649 in 1990.
Of those housing units, 680 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Montgomery is about 62.6%.
Montgomery's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Montgomery were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.10% |
| Two Bedrooms | 25% |
| Three Bedrooms | 45.40% |
| Four Bedrooms | 15.90% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $68,600 |
| Median Price asked for vacant units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 48.30% |
| Debt Free | 32.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
