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Munroe Falls, OH Real Estate


According to census data in the year 2000 there were 2,034 housing units in Munroe Falls. This represents a 6.2% growth from 1,916 in 1990.

Of those housing units, 2,034 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Munroe Falls is about 85.7%. Munroe Falls's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Munroe Falls were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom5.20%
Two Bedrooms13.50%
Three Bedrooms45.40%
Four Bedrooms31.70%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1971
Median Value of occupied units$138,900
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1967
Median Monthly Rent asked for vacant units$608

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.80%
Home Equity Loan17.10%
Simple Mortgage55.50%
Debt Free22.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%