Bedford, OH Real Estate
According to census data in the year 2000 there were 7,062 housing units in Bedford.
This represents a 0.2% decline from 7,074 in 1990.
Of those housing units, 7,062 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bedford is about 60%.
Bedford's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Bedford were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 17.50% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 37.60% |
| Four Bedrooms | 10.10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $92,400 |
| Median Price asked for vacant units | $91,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $529 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 46.40% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
