Cheat Lake, WV Real Estate
According to census data in the year 2000 there were 2,807 housing units in Cheat Lake.
This represents a 73% growth from 1,623 in 1990.
Of those housing units, 2,169 were located in either urbanized areas or urban clusters, and 638 were located in what is classified as a rural area.
Homeownership rate in Cheat Lake is about 81.7%.
Cheat Lake's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Cheat Lake were built after 1982.
|Housing Units by Size|
|Five Bedrooms or more||4.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1981|
|Median Value of occupied units||$154,500|
|Median Price asked for vacant units||$173,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1984|
|Median Monthly Rent asked for vacant units||$1,045|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|