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Cherrywood Village, KY Real Estate


According to census data in the year 2000 there were 155 housing units in Cherrywood Village. This represents a 4.7% growth from 148 in 1990.

Of those housing units, 155 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cherrywood Village is about 87.2%. Cherrywood Village's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Cherrywood Village were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms17.40%
Three Bedrooms57.40%
Four Bedrooms24.50%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1947
Median Value of occupied units$150,900
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan3.90%
Second Mortgage5.40%
Home Equity Loan8.50%
Simple Mortgage33.30%
Debt Free48.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14%