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Westlake Village, CA Real Estate


According to census data in the year 2000 there were 3,423 housing units in Westlake Village. This represents a 13.9% growth from 3,006 in 1990.

Of those housing units, 3,318 were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.

Homeownership rate in Westlake Village is about 87%. Westlake Village's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Westlake Village were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.40%
Two Bedrooms23%
Three Bedrooms28.20%
Four Bedrooms33.80%
Five Bedrooms or more12.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1976
Median Value of occupied units$433,800
Median Price asked for vacant units$541,700

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1974
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.50%
Home Equity Loan8.40%
Simple Mortgage64.50%
Debt Free14.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.7%