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Fairlea, WV Real Estate


According to census data in the year 2000 there were 823 housing units in Fairlea. This represents a 0.7% decline from 829 in 1990.

Of those housing units, 473 were located in either urbanized areas or urban clusters, and 350 were located in what is classified as a rural area.

Homeownership rate in Fairlea is about 74.7%. Fairlea's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.01 people.

The majority of houses, apartments or condos in Fairlea were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.50%
Two Bedrooms49.10%
Three Bedrooms35.50%
Four Bedrooms7.90%
Five Bedrooms or more4%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1980
Median Value of occupied units$101,900
Median Price asked for vacant units$91,700

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1973
Median Monthly Rent asked for vacant units$323

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan2.20%
Simple Mortgage36.70%
Debt Free58.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%