Bailey's Crossroads, VA Real Estate
According to census data in the year 2000 there were 8,755 housing units in Bailey's Crossroads.
This represents a 7.2% growth from 8,166 in 1990.
Of those housing units, 8,755 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bailey's Crossroads is about 41.4%.
Bailey's Crossroads's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Bailey's Crossroads were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 12% |
| One Bedroom | 30.90% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 15.70% |
| Four Bedrooms | 5% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $225,300 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 57.50% |
| Debt Free | 22.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
