Cheney, WA Real Estate
According to census data in the year 2000 there were 3,320 housing units in Cheney.
This represents a 21.5% growth from 2,733 in 1990.
Of those housing units, 3,320 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cheney is about 36.8%.
Cheney's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Cheney were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.50% |
| One Bedroom | 21.80% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 20.40% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 5.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $116,800 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $326 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.40% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 57.10% |
| Debt Free | 24.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
