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Chesapeake, WV Real Estate


According to census data in the year 2000 there were 864 housing units in Chesapeake. This represents a 5.3% decline from 912 in 1990.

Of those housing units, 864 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chesapeake is about 65.6%. Chesapeake's vacancy rate, including seasonal lodging, is about 13%. Average household size is 2.19 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom2.80%
Two Bedrooms49%
Three Bedrooms41%
Four Bedrooms5.30%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1957
Median Value of occupied units$65,100
Median Price asked for vacant units$56,000

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1957
Median Monthly Rent asked for vacant units$257

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan2.90%
Simple Mortgage31.50%
Debt Free61.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.3%