Cherry Hills Village, CO Real Estate
According to census data in the year 2000 there were 2,023 housing units in Cherry Hills Village.
This represents a 13.1% growth from 1,789 in 1990.
Of those housing units, 2,023 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cherry Hills Village is about 97.4%.
Cherry Hills Village's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Cherry Hills Village were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2% |
| Two Bedrooms | 3.20% |
| Three Bedrooms | 18.60% |
| Four Bedrooms | 37.10% |
| Five Bedrooms or more | 39.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $893,000 |
| Median Price asked for vacant units | $716,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 0.76 |
| Median year structure was built | 1967 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 51.30% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
