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Kermit, WV Real Estate


According to census data in the year 2000 there were 95 housing units in Kermit. This represents a 39.1% decline from 156 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.

Homeownership rate in Kermit is about 69.1%. Kermit's vacancy rate, including seasonal lodging, is about 14.7%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Kermit were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.30%
Two Bedrooms31.60%
Three Bedrooms45.30%
Four Bedrooms13.70%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1977
Median Value of occupied units$72,900
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1956
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan6.50%
Simple Mortgage21.70%
Debt Free71.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.1%