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Ormond Beach, FL Real Estate


According to census data in the year 2000 there were 17,360 housing units in Ormond Beach. This represents a 22.3% growth from 14,190 in 1990.

Of those housing units, 16,706 were located in either urbanized areas or urban clusters, and 654 were located in what is classified as a rural area.

Homeownership rate in Ormond Beach is about 81.4%. Ormond Beach's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Ormond Beach were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom7.60%
Two Bedrooms33.10%
Three Bedrooms42%
Four Bedrooms13.90%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1980
Median Value of occupied units$110,400
Median Price asked for vacant units$73,000

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1977
Median Monthly Rent asked for vacant units$690

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.80%
Home Equity Loan8.10%
Simple Mortgage46%
Debt Free37.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%