London, OH Real Estate
According to census data in the year 2000 there were 3,850 housing units in London.
This represents a 20.2% growth from 3,202 in 1990.
Of those housing units, 3,737 were located in either urbanized areas or urban clusters, and 113 were located in what is classified as a rural area.
Homeownership rate in London is about 57.2%.
London's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in London were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1961|
|Median Value of occupied units||$88,700|
|Median Price asked for vacant units||$100,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.16|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$370|
Owners Finance Status
|Second Mortgage & Equity Loan||1.20%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|