Avon Lake, OH Real Estate
According to census data in the year 2000 there were 6,934 housing units in Avon Lake.
This represents a 24.1% growth from 5,588 in 1990.
Of those housing units, 6,710 were located in either urbanized areas or urban clusters, and 224 were located in what is classified as a rural area.
Homeownership rate in Avon Lake is about 87.1%.
Avon Lake's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Avon Lake were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 4.60% |
| Two Bedrooms | 15.60% |
| Three Bedrooms | 38% |
| Four Bedrooms | 37.80% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $177,900 |
| Median Price asked for vacant units | $180,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $592 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 16.40% |
| Simple Mortgage | 52.20% |
| Debt Free | 21.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
