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Oviedo, FL Real Estate


According to census data in the year 2000 there were 9,095 housing units in Oviedo. This represents a 115.9% growth from 4,212 in 1990.

Of those housing units, 9,095 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oviedo is about 85.7%. Oviedo's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 3.12 people.

The majority of houses, apartments or condos in Oviedo were built after 1991.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom1.40%
Two Bedrooms10.60%
Three Bedrooms47%
Four Bedrooms36.70%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1992
Median Value of occupied units$131,300
Median Price asked for vacant units$117,600

Rented Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1988
Median Monthly Rent asked for vacant units$735

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage13.50%
Home Equity Loan9.30%
Simple Mortgage68%
Debt Free8.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%