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The Village of Indian Hill, OH Real Estate


According to census data in the year 2000 there were 2,141 housing units in The Village of Indian Hill. This represents a 9% growth from 1,965 in 1990.

Of those housing units, 988 were located in either urbanized areas or urban clusters, and 1,153 were located in what is classified as a rural area.

Homeownership rate in The Village of Indian Hill is about 96.3%. The Village of Indian Hill's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.85 people.

The majority of houses, apartments or condos in The Village of Indian Hill were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.70%
Two Bedrooms4.60%
Three Bedrooms26%
Four Bedrooms36.30%
Five Bedrooms or more32.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1960
Median Value of occupied units$738,800
Median Price asked for vacant units$517,900

Rented Homes, Apartments and Condos

Average Household Size1.35
Median year structure was built1939
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage5.50%
Home Equity Loan14.30%
Simple Mortgage44.50%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%