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Romney, WV Real Estate


According to census data in the year 2000 there were 934 housing units in Romney. This represents a 0.8% growth from 927 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 934 were located in what is classified as a rural area.

Homeownership rate in Romney is about 50.7%. Romney's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 1.95 people.

The majority of houses, apartments or condos in Romney were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom20.60%
Two Bedrooms27.50%
Three Bedrooms32.50%
Four Bedrooms14.80%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1953
Median Value of occupied units$77,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1981
Median Monthly Rent asked for vacant units$245

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan1.70%
Simple Mortgage36.80%
Debt Free56.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.5%