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Myerstown, PA Real Estate


According to census data in the year 2000 there were 1,339 housing units in Myerstown. This represents a 8.7% growth from 1,232 in 1990.

Of those housing units, 1,339 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Myerstown is about 57.5%. Myerstown's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Myerstown were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom10.60%
Two Bedrooms30.80%
Three Bedrooms44.40%
Four Bedrooms10.70%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1939
Median Value of occupied units$83,800
Median Price asked for vacant units$68,100

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1939
Median Monthly Rent asked for vacant units$346

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage3.50%
Home Equity Loan9.80%
Simple Mortgage52.60%
Debt Free33.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%