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North Olmsted, OH Real Estate


According to census data in the year 2000 there were 14,059 housing units in North Olmsted. This represents a 7.5% growth from 13,081 in 1990.

Of those housing units, 14,059 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in North Olmsted is about 79.7%. North Olmsted's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.5 people.

The majority of houses, apartments or condos in North Olmsted were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom7.90%
Two Bedrooms22.80%
Three Bedrooms41.40%
Four Bedrooms24%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1964
Median Value of occupied units$142,300
Median Price asked for vacant units$132,800

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1970
Median Monthly Rent asked for vacant units$605

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.90%
Home Equity Loan16.70%
Simple Mortgage45.10%
Debt Free30.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%