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Luray, VA Real Estate


According to census data in the year 2000 there were 2,197 housing units in Luray. This represents a 9.1% growth from 2,013 in 1990.

Of those housing units, 2,163 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.

Homeownership rate in Luray is about 62.6%. Luray's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Luray were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom10.20%
Two Bedrooms29.60%
Three Bedrooms43.40%
Four Bedrooms12.90%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1964
Median Value of occupied units$87,700
Median Price asked for vacant units$77,900

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1969
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan6.90%
Simple Mortgage42.10%
Debt Free46.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%