Gearhart, OR Real Estate
According to census data in the year 2000 there were 1,050 housing units in Gearhart.
This represents a 47.9% growth from 710 in 1990.
Of those housing units, 1,000 were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.
Homeownership rate in Gearhart is about 78.3%.
Gearhart's vacancy rate, including seasonal lodging, is about 58.3%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Gearhart were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.70% |
| Two Bedrooms | 35.20% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 6.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $202,400 |
| Median Price asked for vacant units | $181,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 47.10% |
| Debt Free | 40.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
