Gates Mills, OH Real Estate
According to census data in the year 2000 there were 945 housing units in Gates Mills.
This represents a 4.7% decline from 992 in 1990.
Of those housing units, 94 were located in either urbanized areas or urban clusters, and 851 were located in what is classified as a rural area.
Homeownership rate in Gates Mills is about 92.1%.
Gates Mills's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Gates Mills were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||19.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.76|
|Median year structure was built||1966|
|Median Value of occupied units||$427,000|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.54|
|Median year structure was built||1939|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|