Sinking Spring, PA Real Estate
According to census data in the year 2000 there were 1,261 housing units in Sinking Spring.
This represents a 5.3% growth from 1,198 in 1990.
Of those housing units, 1,261 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Sinking Spring is about 55%.
Sinking Spring's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Sinking Spring were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 27.40% |
| Two Bedrooms | 20.10% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $99,200 |
| Median Price asked for vacant units | $59,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 12.40% |
| Simple Mortgage | 41.70% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
