Magnetic Springs, OH Real Estate
According to census data in the year 2000 there were 161 housing units in Magnetic Springs.
This represents a 15.8% growth from 139 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.
Homeownership rate in Magnetic Springs is about 60%.
Magnetic Springs's vacancy rate, including seasonal lodging, is about 22.4%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Magnetic Springs were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 21.10% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 34.20% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 7.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.36 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $78,600 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.10% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 50.70% |
| Debt Free | 25.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
