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Follansbee, WV Real Estate


According to census data in the year 2000 there were 1,415 housing units in Follansbee. This represents a 5% decline from 1,489 in 1990.

Of those housing units, 1,382 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.

Homeownership rate in Follansbee is about 72.6%. Follansbee's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Follansbee were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom8.70%
Two Bedrooms29.50%
Three Bedrooms49.60%
Four Bedrooms11.90%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1952
Median Value of occupied units$66,500
Median Price asked for vacant units$31,700

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1954
Median Monthly Rent asked for vacant units$293

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage5.70%
Home Equity Loan5%
Simple Mortgage35.30%
Debt Free53.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%