Montpelier, OH Real Estate
According to census data in the year 2000 there were 1,841 housing units in Montpelier.
This represents a 4.5% growth from 1,761 in 1990.
Of those housing units, 1,807 were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.
Homeownership rate in Montpelier is about 67.6%.
Montpelier's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Montpelier were built after 1944.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1943|
|Median Value of occupied units||$66,600|
|Median Price asked for vacant units||$79,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.35|
|Median year structure was built||1946|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16%|