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Glen Allen, VA Real Estate


According to census data in the year 2000 there were 5,290 housing units in Glen Allen. This represents a 50.5% growth from 3,514 in 1990.

Of those housing units, 4,980 were located in either urbanized areas or urban clusters, and 310 were located in what is classified as a rural area.

Homeownership rate in Glen Allen is about 80.3%. Glen Allen's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Glen Allen were built after 1989.

Statistics

Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom4.60%
Two Bedrooms23.30%
Three Bedrooms40.50%
Four Bedrooms28.90%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1988
Median Value of occupied units$131,600
Median Price asked for vacant units$123,100

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1995
Median Monthly Rent asked for vacant units$681

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9.30%
Home Equity Loan12.50%
Simple Mortgage64.80%
Debt Free13.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%