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 Type | 11.90% |
| One Bedroom | 20.10% |
| Two Bedrooms | 33% |
| Three Bedrooms | 29.30% |
| Four Bedrooms | 3.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $66,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 5.91 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 73.60% |
| Debt Free | 26.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.3% |
