Redlands, CO Real Estate
According to census data in the year 2000 there were 3,260 housing units in Redlands.
This represents a 11.1% decline from 3,666 in 1990.
Of those housing units, 2,785 were located in either urbanized areas or urban clusters, and 475 were located in what is classified as a rural area.
Homeownership rate in Redlands is about 87.9%.
Redlands's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Redlands were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.10% |
| Two Bedrooms | 16.40% |
| Three Bedrooms | 50.90% |
| Four Bedrooms | 24.20% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $157,400 |
| Median Price asked for vacant units | $155,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $817 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 50% |
| Debt Free | 37.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
