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 Type | 0.80% |
| One Bedroom | 7.90% |
| Two Bedrooms | 22.80% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 24% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $142,300 |
| Median Price asked for vacant units | $132,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $605 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 16.70% |
| Simple Mortgage | 45.10% |
| Debt Free | 30.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
