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Broadway, VA Real Estate


According to census data in the year 2000 there were 972 housing units in Broadway. This represents a 89.5% growth from 513 in 1990.

Of those housing units, 965 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Broadway is about 67.3%. Broadway's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Broadway were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.10%
Two Bedrooms32%
Three Bedrooms44%
Four Bedrooms13.70%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1973
Median Value of occupied units$101,100
Median Price asked for vacant units$125,000

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1973
Median Monthly Rent asked for vacant units$343

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.20%
Home Equity Loan10.80%
Simple Mortgage43.90%
Debt Free38.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%