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Mechanicsville, VA Real Estate


According to census data in the year 2000 there were 11,918 housing units in Mechanicsville. This represents a 38.4% growth from 8,613 in 1990.

Of those housing units, 11,868 were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.

Homeownership rate in Mechanicsville is about 81.8%. Mechanicsville's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Mechanicsville were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom3.40%
Two Bedrooms12.90%
Three Bedrooms51.70%
Four Bedrooms28.20%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1982
Median Value of occupied units$132,200
Median Price asked for vacant units$125,900

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1984
Median Monthly Rent asked for vacant units$639

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage10.40%
Home Equity Loan12.50%
Simple Mortgage57%
Debt Free20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%