Redwood, OR Real Estate
According to census data in the year 2000 there were 2,547 housing units in Redwood.
This represents a 55% growth from 1,643 in 1990.
Of those housing units, 2,535 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Redwood is about 65.1%.
Redwood's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Redwood were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 6.30% |
| Two Bedrooms | 40.40% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 3.60% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $130,000 |
| Median Price asked for vacant units | $88,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $471 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 50.10% |
| Debt Free | 38.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
