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Richland Hills, TX Real Estate


According to census data in the year 2000 there were 3,303 housing units in Richland Hills. This represents a 1% growth from 3,270 in 1990.

Of those housing units, 3,303 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Richland Hills is about 71%. Richland Hills's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Richland Hills were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom9.70%
Two Bedrooms26.40%
Three Bedrooms54%
Four Bedrooms6.90%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1956
Median Value of occupied units$73,400
Median Price asked for vacant units$78,300

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1974
Median Monthly Rent asked for vacant units$519

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan2.80%
Simple Mortgage51.60%
Debt Free42.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%