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Italy, TX Real Estate


According to census data in the year 2000 there were 739 housing units in Italy. This represents a 10.6% growth from 668 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 739 were located in what is classified as a rural area.

Homeownership rate in Italy is about 72.2%. Italy's vacancy rate, including seasonal lodging, is about 11%. Average household size is 3.07 people.

The majority of houses, apartments or condos in Italy were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.50%
Two Bedrooms32.10%
Three Bedrooms53.30%
Four Bedrooms8%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1976
Median Value of occupied units$59,500
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size3.52
Median year structure was built1972
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.20%
Home Equity Loan2.80%
Simple Mortgage56.90%
Debt Free39.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%