London, OH Real Estate

According to census data in the year 2000 there were 3,850 housing units in London. This represents a 20.2% growth from 3,202 in 1990.

Of those housing units, 3,737 were located in either urbanized areas or urban clusters, and 113 were located in what is classified as a rural area.

Homeownership rate in London is about 57.2%. London's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in London were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom15.30%
Two Bedrooms34.70%
Three Bedrooms36.80%
Four Bedrooms9.40%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1961
Median Value of occupied units$88,700
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1967
Median Monthly Rent asked for vacant units$370

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage8.70%
Home Equity Loan6.50%
Simple Mortgage52.20%
Debt Free31.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%