Beachwood, OH Real Estate
According to census data in the year 2000 there were 5,447 housing units in Beachwood.
This represents a 15.1% growth from 4,732 in 1990.
Of those housing units, 5,447 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Beachwood is about 64.3%.
Beachwood's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Beachwood were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 14.80% |
| Two Bedrooms | 28.30% |
| Three Bedrooms | 26.30% |
| Four Bedrooms | 25% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $244,700 |
| Median Price asked for vacant units | $316,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.53 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $984 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 15.30% |
| Simple Mortgage | 42.10% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
