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 Type | 0.50% |
| One Bedroom | 25.20% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 24.70% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $69,500 |
| Median Price asked for vacant units | $39,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 36.80% |
| Debt Free | 53.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
