Niles, OH Real Estate
According to census data in the year 2000 there were 9,534 housing units in Niles.
This represents a 7.3% growth from 8,882 in 1990.
Of those housing units, 9,513 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Niles is about 63.3%.
Niles's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Niles were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 10.20% |
| Two Bedrooms | 32.10% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $79,100 |
| Median Price asked for vacant units | $77,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $448 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 43.70% |
| Debt Free | 38.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
