Oberlin, OH Real Estate
According to census data in the year 2000 there were 2,865 housing units in Oberlin.
This represents a 11% growth from 2,580 in 1990.
Of those housing units, 2,781 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.
Homeownership rate in Oberlin is about 50.6%.
Oberlin's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Oberlin were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.90% |
| One Bedroom | 16.60% |
| Two Bedrooms | 20.60% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 7.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $118,500 |
| Median Price asked for vacant units | $86,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $436 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 52.10% |
| Debt Free | 24.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
