Westlake, OH Real Estate
According to census data in the year 2000 there were 13,691 housing units in Westlake.
This represents a 24.3% growth from 11,014 in 1990.
Of those housing units, 13,564 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.
Homeownership rate in Westlake is about 75.1%.
Westlake's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Westlake were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.70% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 29.70% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $201,000 |
| Median Price asked for vacant units | $288,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.66 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $737 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 15.80% |
| Simple Mortgage | 45.90% |
| Debt Free | 28.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
