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Cheriton, VA Real Estate


According to census data in the year 2000 there were 240 housing units in Cheriton. This represents a 2.4% decline from 246 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 240 were located in what is classified as a rural area.

Homeownership rate in Cheriton is about 69.6%. Cheriton's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Cheriton were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom8.30%
Two Bedrooms22.90%
Three Bedrooms53.30%
Four Bedrooms13.80%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1953
Median Value of occupied units$77,300
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1966
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan4.60%
Simple Mortgage36.90%
Debt Free55.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%