Fairlawn, OH Real Estate
According to census data in the year 2000 there were 3,131 housing units in Fairlawn.
This represents a 24.9% growth from 2,507 in 1990.
Of those housing units, 3,131 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairlawn is about 66.4%.
Fairlawn's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Fairlawn were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 3.20% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $163,900 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $797 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 12% |
| Simple Mortgage | 49.10% |
| Debt Free | 33.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
