Cincinnati, OH Real Estate
According to census data in the year 2000 there were 165,945 housing units in Cincinnati.
This represents a 1.9% decline from 169,088 in 1990.
Of those housing units, 165,945 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cincinnati is about 39%.
Cincinnati's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Cincinnati were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 30% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 22.30% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $93,000 |
| Median Price asked for vacant units | $76,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $379 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9.20% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 52.50% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
