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Drexel, OH Real Estate


According to census data in the year 2000 there were 824 housing units in Drexel. This represents a 57.5% decline from 1,937 in 1990.

Of those housing units, 824 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Drexel is about 64.2%. Drexel's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Drexel were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.50%
Two Bedrooms44.30%
Three Bedrooms29.20%
Four Bedrooms12.90%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1948
Median Value of occupied units$46,700
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1955
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan1.30%
Simple Mortgage45.20%
Debt Free49.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%