Prospect, OH Real Estate
According to census data in the year 2000 there were 487 housing units in Prospect.
This represents a 8.9% growth from 447 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 487 were located in what is classified as a rural area.
Homeownership rate in Prospect is about 75.4%.
Prospect's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Prospect were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 5.50% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 50.30% |
| Four Bedrooms | 18.30% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $85,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $550 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 57.20% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
