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Montgomery, WV Real Estate


According to census data in the year 2000 there were 858 housing units in Montgomery. This represents a 11.5% decline from 969 in 1990.

Of those housing units, 784 were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.

Homeownership rate in Montgomery is about 41.5%. Montgomery's vacancy rate, including seasonal lodging, is about 17.2%. Average household size is 2.05 people.

The majority of houses, apartments or condos in Montgomery were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom25.20%
Two Bedrooms37.80%
Three Bedrooms24.70%
Four Bedrooms10%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1948
Median Value of occupied units$69,500
Median Price asked for vacant units$39,000

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1968
Median Monthly Rent asked for vacant units$371

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan3.80%
Simple Mortgage36.80%
Debt Free53.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%