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Cherry Grove, OH Real Estate


According to census data in the year 2000 there were 1,536 housing units in Cherry Grove. This represents a 0.3% decline from 1,541 in 1990.

Of those housing units, 1,536 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cherry Grove is about 95.4%. Cherry Grove's vacancy rate, including seasonal lodging, is about 1.5%. Average household size is 2.96 people.

The majority of houses, apartments or condos in Cherry Grove were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms4.20%
Three Bedrooms38.70%
Four Bedrooms55.10%
Five Bedrooms or more2%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1970
Median Value of occupied units$131,500
Median Price asked for vacant units$103,100

Rented Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1960

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage13.80%
Home Equity Loan15.30%
Simple Mortgage46.70%
Debt Free23.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%