Bay Hill, FL Real Estate
According to census data in the year 2000 there were 1,978 housing units in Bay Hill.
This represents a 5.6% decline from 2,095 in 1990.
Of those housing units, 1,978 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bay Hill is about 92.7%.
Bay Hill's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.97 people.
The majority of houses, apartments or condos in Bay Hill were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 0.80% |
| Two Bedrooms | 10.10% |
| Three Bedrooms | 32.40% |
| Four Bedrooms | 45.20% |
| Five Bedrooms or more | 10.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $260,700 |
| Median Price asked for vacant units | $325,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 10% |
| Simple Mortgage | 54.20% |
| Debt Free | 22.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
