Monterey, VA Real Estate
According to census data in the year 2000 there were 138 housing units in Monterey.
This represents a 3.8% growth from 133 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.
Homeownership rate in Monterey is about 68.5%.
Monterey's vacancy rate, including seasonal lodging, is about 33.3%.
Average household size is 1.85 people.
The majority of houses, apartments or condos in Monterey were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13.80% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 17.40% |
| Five Bedrooms or more | 6.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $84,200 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4% |
| Simple Mortgage | 26% |
| Debt Free | 70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.3% |
