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Alger, OH Real Estate


According to census data in the year 2000 there were 412 housing units in Alger. This represents a 24.8% growth from 330 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 412 were located in what is classified as a rural area.

Homeownership rate in Alger is about 68.1%. Alger's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Alger were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.40%
Two Bedrooms36.40%
Three Bedrooms43.40%
Four Bedrooms6.30%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1956
Median Value of occupied units$53,600
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1979
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan3.60%
Simple Mortgage49.80%
Debt Free40.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%