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Melfa, VA Real Estate


According to census data in the year 2000 there were 210 housing units in Melfa. This represents a 9.9% growth from 191 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 210 were located in what is classified as a rural area.

Homeownership rate in Melfa is about 79.1%. Melfa's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Melfa were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.50%
Two Bedrooms32.90%
Three Bedrooms51%
Four Bedrooms15.70%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1949
Median Value of occupied units$69,700
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1956

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan3.40%
Second Mortgage0%
Home Equity Loan6.20%
Simple Mortgage40%
Debt Free50.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%