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Palouse, WA Real Estate


According to census data in the year 2000 there were 474 housing units in Palouse. This represents a 10.7% growth from 428 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 474 were located in what is classified as a rural area.

Homeownership rate in Palouse is about 78.9%. Palouse's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Palouse were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom10.30%
Two Bedrooms28.70%
Three Bedrooms40.70%
Four Bedrooms16.20%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1939
Median Value of occupied units$94,900
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1956
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.30%
Home Equity Loan5.30%
Simple Mortgage47.90%
Debt Free36.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%