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Oak City, UT Real Estate


According to census data in the year 2000 there were 197 housing units in Oak City. This represents a 8.2% growth from 182 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 197 were located in what is classified as a rural area.

Homeownership rate in Oak City is about 85.1%. Oak City's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 3.79 people.

The majority of houses, apartments or condos in Oak City were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom3%
Two Bedrooms10.20%
Three Bedrooms31.50%
Four Bedrooms21.30%
Five Bedrooms or more33%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.84
Median year structure was built1980
Median Value of occupied units$84,100
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size3.5
Median year structure was built1955
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan6.30%
Simple Mortgage39.40%
Debt Free47.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%