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 Type | 1.10% |
| One Bedroom | 11.10% |
| Two Bedrooms | 19.20% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 30.50% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $155,300 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $600 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.50% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 14.20% |
| Simple Mortgage | 51.60% |
| Debt Free | 25% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
