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Richmond Heights, OH Real Estate


According to census data in the year 2000 there were 5,060 housing units in Richmond Heights. This represents a 12.4% growth from 4,503 in 1990.

Of those housing units, 5,060 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Richmond Heights is about 63%. Richmond Heights's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Richmond Heights were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom20.70%
Two Bedrooms21.20%
Three Bedrooms39%
Four Bedrooms15.50%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1965
Median Value of occupied units$140,800
Median Price asked for vacant units$160,000

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1968
Median Monthly Rent asked for vacant units$526

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.30%
Home Equity Loan12.30%
Simple Mortgage45.50%
Debt Free36.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%