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Montrose-Ghent, OH Real Estate


According to census data in the year 2000 there were 1,984 housing units in Montrose-Ghent. This represents a 12.5% growth from 1,764 in 1990.

Of those housing units, 1,859 were located in either urbanized areas or urban clusters, and 125 were located in what is classified as a rural area.

Homeownership rate in Montrose-Ghent is about 95.5%. Montrose-Ghent's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Montrose-Ghent were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.40%
Two Bedrooms8.40%
Three Bedrooms37.80%
Four Bedrooms39.70%
Five Bedrooms or more13.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1970
Median Value of occupied units$272,700
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.70%
Second Mortgage9.60%
Home Equity Loan10.90%
Simple Mortgage47%
Debt Free30.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%