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Nazareth, PA Real Estate


According to census data in the year 2000 there were 2,658 housing units in Nazareth. This represents a 4.4% growth from 2,546 in 1990.

Of those housing units, 2,658 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Nazareth is about 55.2%. Nazareth's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.22 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom17.50%
Two Bedrooms26%
Three Bedrooms42.10%
Four Bedrooms8.40%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1939
Median Value of occupied units$107,600
Median Price asked for vacant units$86,800

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1947
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3.10%
Home Equity Loan11.50%
Simple Mortgage45.10%
Debt Free39.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%