Cheat Lake, WV Real Estate

According to census data in the year 2000 there were 2,807 housing units in Cheat Lake. This represents a 73% growth from 1,623 in 1990.

Of those housing units, 2,169 were located in either urbanized areas or urban clusters, and 638 were located in what is classified as a rural area.

Homeownership rate in Cheat Lake is about 81.7%. Cheat Lake's vacancy rate, including seasonal lodging, is about 10.2%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Cheat Lake were built after 1982.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.20%
Two Bedrooms26.90%
Three Bedrooms45.20%
Four Bedrooms18.90%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1981
Median Value of occupied units$154,500
Median Price asked for vacant units$173,600

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1984
Median Monthly Rent asked for vacant units$1,045

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan12.40%
Simple Mortgage51.40%
Debt Free30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%