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London, CA Real Estate


According to census data in the year 2000 there were 437 housing units in London. This represents a 4.5% growth from 418 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 437 were located in what is classified as a rural area.

Homeownership rate in London is about 45.3%. London's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 4.65 people.

The majority of houses, apartments or condos in London were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type11.90%
One Bedroom20.10%
Two Bedrooms33%
Three Bedrooms29.30%
Four Bedrooms3.90%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.13
Median year structure was built1973
Median Value of occupied units$66,700

Rented Homes, Apartments and Condos

Average Household Size5.91
Median year structure was built1971
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage73.60%
Debt Free26.40%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs25.3%