Ravenna, OH Real Estate
According to census data in the year 2000 there were 5,354 housing units in Ravenna.
This represents a 2.9% growth from 5,203 in 1990.
Of those housing units, 5,347 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.
Homeownership rate in Ravenna is about 55.7%.
Ravenna's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Ravenna were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 19.50% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 34.20% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $95,000 |
| Median Price asked for vacant units | $86,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $422 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 52.20% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
