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 Size

Housing Units by Size
Studio Type0%
One Bedroom0.80%
Two Bedrooms7.80%
Three Bedrooms29.20%
Four Bedrooms42.90%
Five Bedrooms or more19.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1966
Median Value of occupied units$427,000
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.54
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.60%
Home Equity Loan11.70%
Simple Mortgage41%
Debt Free36.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%