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Appalachia, VA Real Estate


According to census data in the year 2000 there were 893 housing units in Appalachia. This represents a 0.7% growth from 887 in 1990.

Of those housing units, 781 were located in either urbanized areas or urban clusters, and 112 were located in what is classified as a rural area.

Homeownership rate in Appalachia is about 61%. Appalachia's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Appalachia were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.50%
Two Bedrooms36.30%
Three Bedrooms34.90%
Four Bedrooms12.50%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1947
Median Value of occupied units$40,800
Median Price asked for vacant units$23,800

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1974
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan1.80%
Simple Mortgage37.80%
Debt Free58.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%