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Bay Hill, FL Real Estate


According to census data in the year 2000 there were 1,978 housing units in Bay Hill. This represents a 5.6% decline from 2,095 in 1990.

Of those housing units, 1,978 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Bay Hill is about 92.7%. Bay Hill's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.97 people.

The majority of houses, apartments or condos in Bay Hill were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom0.80%
Two Bedrooms10.10%
Three Bedrooms32.40%
Four Bedrooms45.20%
Five Bedrooms or more10.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1985
Median Value of occupied units$260,700
Median Price asked for vacant units$325,000

Rented Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1984
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.90%
Home Equity Loan10%
Simple Mortgage54.20%
Debt Free22.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%