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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 Type0%
One Bedroom2.10%
Two Bedrooms16.40%
Three Bedrooms50.90%
Four Bedrooms24.20%
Five Bedrooms or more6.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1975
Median Value of occupied units$157,400
Median Price asked for vacant units$155,100

Rented Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1974
Median Monthly Rent asked for vacant units$817

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage4.90%
Home Equity Loan7.30%
Simple Mortgage50%
Debt Free37.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%