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 Type | 0.20% |
| One Bedroom | 8.70% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $31,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $293 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 5% |
| Simple Mortgage | 35.30% |
| Debt Free | 53.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
