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Silver Lake, OH Real Estate


According to census data in the year 2000 there were 1,316 housing units in Silver Lake. This represents a 3.3% growth from 1,274 in 1990.

Of those housing units, 1,316 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Silver Lake is about 95.9%. Silver Lake's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Silver Lake were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4%
Two Bedrooms20.80%
Three Bedrooms39.20%
Four Bedrooms30.90%
Five Bedrooms or more5%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1957
Median Value of occupied units$190,700
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage6.70%
Home Equity Loan12.20%
Simple Mortgage39.30%
Debt Free41.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%