Willoughby Hills, OH Real Estate
According to census data in the year 2000 there were 4,299 housing units in Willoughby Hills.
This represents a 1.5% growth from 4,235 in 1990.
Of those housing units, 3,880 were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.
Homeownership rate in Willoughby Hills is about 54.3%.
Willoughby Hills's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Willoughby Hills were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 20.10% |
| Two Bedrooms | 27% |
| Three Bedrooms | 31.10% |
| Four Bedrooms | 17.50% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $212,100 |
| Median Price asked for vacant units | $281,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.64 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $605 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 41% |
| Debt Free | 41.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
