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Wilkes-Barre, PA Real Estate


According to census data in the year 2000 there were 20,294 housing units in Wilkes-Barre. This represents a 2.1% decline from 20,734 in 1990.

Of those housing units, 20,294 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wilkes-Barre is about 53.5%. Wilkes-Barre's vacancy rate, including seasonal lodging, is about 11.5%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Wilkes-Barre were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom16.10%
Two Bedrooms22.60%
Three Bedrooms43.90%
Four Bedrooms9.50%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1939
Median Value of occupied units$64,700
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1946
Median Monthly Rent asked for vacant units$360

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.20%
Home Equity Loan7.50%
Simple Mortgage36.80%
Debt Free49.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%