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Lowell, OH Real Estate


According to census data in the year 2000 there were 293 housing units in Lowell. This represents a 2.1% growth from 287 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.

Homeownership rate in Lowell is about 77.1%. Lowell's vacancy rate, including seasonal lodging, is about 15%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Lowell were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7.20%
Two Bedrooms32.40%
Three Bedrooms44.70%
Four Bedrooms12.60%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1939
Median Value of occupied units$48,800
Median Price asked for vacant units$51,700

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.70%
Home Equity Loan2.50%
Simple Mortgage44.70%
Debt Free44.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%