Home

Mentor, OH Real Estate


According to census data in the year 2000 there were 19,301 housing units in Mentor. This represents a 12.4% growth from 17,172 in 1990.

Of those housing units, 19,301 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mentor is about 87.4%. Mentor's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Mentor were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom2.50%
Two Bedrooms17%
Three Bedrooms50.70%
Four Bedrooms26.30%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1972
Median Value of occupied units$147,400
Median Price asked for vacant units$142,300

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1968
Median Monthly Rent asked for vacant units$656

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.30%
Home Equity Loan18%
Simple Mortgage49.30%
Debt Free22.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%