Lynchburg, OH Real Estate
According to census data in the year 2000 there were 562 housing units in Lynchburg.
This represents a 17.1% growth from 480 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 562 were located in what is classified as a rural area.
Homeownership rate in Lynchburg is about 68.2%.
Lynchburg's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Lynchburg were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 8.50% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $77,600 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $383 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 50.30% |
| Debt Free | 32.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
