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Mayfield Heights, OH Real Estate


According to census data in the year 2000 there were 10,461 housing units in Mayfield Heights. This represents a 1.6% growth from 10,300 in 1990.

Of those housing units, 10,461 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mayfield Heights is about 50.8%. Mayfield Heights's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 1.95 people.

The majority of houses, apartments or condos in Mayfield Heights were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom20.50%
Two Bedrooms33.30%
Three Bedrooms37.50%
Four Bedrooms5.80%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1957
Median Value of occupied units$125,900
Median Price asked for vacant units$128,800

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1969
Median Monthly Rent asked for vacant units$639

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.60%
Home Equity Loan9.90%
Simple Mortgage41.80%
Debt Free42.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%