Ohio Real Estate
According to census data in the year 2000 there were 4,783,051 housing units in Ohio.
This represents a 9.4% from 4,371,945 in 1990.
Of those housing units, 3,775,439 were located in either urbanized areas or urban clusters, and 1,007,612 were located in what is classified as a rural area.
Homeownership rate in Ohio is about 69.1%.
Ohio's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Ohio were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.2% |
| One Bedroom | 10.4% |
| Two Bedrooms | 27.3% |
| Three Bedrooms | 42.7% |
| Four Bedrooms | 15.8% |
| Five Bedrooms or more | 2.7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $103,700 |
| Median Price asked for vacant units | $85,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $415 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 8.1% |
| Home Equity Loan | 11.5% |
| Simple Mortgage | 49.4% |
| Debt Free | 30.7% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
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