Chagrin Falls, OH Real Estate
According to census data in the year 2000 there were 2,047 housing units in Chagrin Falls.
This represents a 0.3% decline from 2,053 in 1990.
Of those housing units, 2,047 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chagrin Falls is about 73.1%.
Chagrin Falls's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Chagrin Falls were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 11.50% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 33.50% |
| Four Bedrooms | 17.80% |
| Five Bedrooms or more | 7.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $234,700 |
| Median Price asked for vacant units | $122,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.27 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $1,795 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 14.70% |
| Simple Mortgage | 51.50% |
| Debt Free | 27.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
