Moreland Hills, OH Real Estate
According to census data in the year 2000 there were 1,350 housing units in Moreland Hills.
This represents a 4.7% growth from 1,290 in 1990.
Of those housing units, 1,313 were located in either urbanized areas or urban clusters, and 37 were located in what is classified as a rural area.
Homeownership rate in Moreland Hills is about 95.3%.
Moreland Hills's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Moreland Hills were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 0.90% |
| Two Bedrooms | 4.60% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 39.70% |
| Five Bedrooms or more | 17.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $358,800 |
| Median Price asked for vacant units | $377,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 43.80% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
