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Park Forest Village, PA Real Estate


According to census data in the year 2000 there were 3,503 housing units in Park Forest Village. This represents a 31.9% growth from 2,656 in 1990.

Of those housing units, 3,503 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Park Forest Village is about 59.6%. Park Forest Village's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Park Forest Village were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom11.10%
Two Bedrooms19.20%
Three Bedrooms32.60%
Four Bedrooms30.50%
Five Bedrooms or more5.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1976
Median Value of occupied units$155,300
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1988
Median Monthly Rent asked for vacant units$600

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage7.70%
Home Equity Loan14.20%
Simple Mortgage51.60%
Debt Free25%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%