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Farmville, VA Real Estate


According to census data in the year 2000 there were 2,286 housing units in Farmville. This represents a 27.8% growth from 1,789 in 1990.

Of those housing units, 1,753 were located in either urbanized areas or urban clusters, and 533 were located in what is classified as a rural area.

Homeownership rate in Farmville is about 49.1%. Farmville's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Farmville were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom22.20%
Two Bedrooms30.80%
Three Bedrooms30.40%
Four Bedrooms10.60%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1962
Median Value of occupied units$96,000
Median Price asked for vacant units$46,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1963
Median Monthly Rent asked for vacant units$346

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan6.50%
Simple Mortgage40.60%
Debt Free46.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%