Chesapeake, WV Real Estate
According to census data in the year 2000 there were 864 housing units in Chesapeake.
This represents a 5.3% decline from 912 in 1990.
Of those housing units, 864 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chesapeake is about 65.6%.
Chesapeake's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Chesapeake were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 2.80% |
| Two Bedrooms | 49% |
| Three Bedrooms | 41% |
| Four Bedrooms | 5.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $65,100 |
| Median Price asked for vacant units | $56,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $257 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 31.50% |
| Debt Free | 61.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.3% |
