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Bailey Lakes, OH Real Estate


According to census data in the year 2000 there were 174 housing units in Bailey Lakes. This represents a 16.8% growth from 149 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 174 were located in what is classified as a rural area.

Homeownership rate in Bailey Lakes is about 64.9%. Bailey Lakes's vacancy rate, including seasonal lodging, is about 11.5%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Bailey Lakes were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.40%
Two Bedrooms35.60%
Three Bedrooms49.40%
Four Bedrooms8.60%
Five Bedrooms or more2.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1959
Median Value of occupied units$96,000
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan11.70%
Simple Mortgage44.70%
Debt Free35.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%