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Lakewood, OH Housing

 
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As of 2010-2014, median price of a house in Lakewood is $128,700, which is about the same as the state average of $129,600 and is lower than the national average of $175,700. The Lakewood median house value has grown by 9.16% since 2000. The growth rate for the price of a house in Lakewood is lower than the state average rate of 24.98% and is lower than the national average rate of 46.91%. The median year that a house in Lakewood was built is 1939, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 10,863 Owner Occupied Houses in Lakewood, OH, #330
Lakewood, OH
128,700 USD
Ohio
129,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #799
Lakewood, OH
9.16%
Ohio
24.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lakewood, OHOhioU.S.
Total Housing Units27,526, see rank, 100%5,135,173132,741,033
Occupied Housing Units24,573, 89.27%, see rank88.99%87.55%
Owner Occupied10,863, 39.46%, see rank59.52%56.34%
Renter Occupied13,710, 49.81%, see rank29.48%31.21%
Vacant Housing Units2,953, 10.73%, see rank11.01%12.45%
For Rent892, 3.24%, see rank2.34%2.34%
For Sale Only456, 1.66%, see rank1.24%1.20%
Rented or Sold, Not Occupied233, 0.85%, see rank0.88%0.92%
For Seasonal, Recreational, or Occasional Use152, 0.55%, see rank1.09%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant1,220, 4.43%, see rank5.44%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #976
Lakewood, OHOhioU.S.
193919671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lakewood, OH%OhioU.S.
Owner-Occupied Units10,863100%3,056,20674,787,460
With a Mortgage7,88472.58%, see rank66.04%65.58%
Without a Mortgage2,97927.42%, see rank33.96%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lakewood, OH
1,397 USD
Ohio
1,274 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLakewood, OH%OhioU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $499680.86%, see rank2.18%1.59%
$500 to $6992362.99%, see rank6.80%5.01%
$700 to $9991,06113.46%, see rank20.08%14.32%
$1,000 to $1,4993,39543.06%, see rank35.36%27.90%
$1,500 to $1,9992,11126.78%, see rank19.46%20.35%
$2,000 to $2,9997419.40%, see rank12.09%19.52%
$3,000 or More2723.45%, see rank3.79%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lakewood, OH
22.50% of the Total Income
Ohio
21.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lakewood, OH%OhioU.S.
10% or Less4145.25%, see rank6.41%5.86%
10% to 20%2,86536.34%, see rank36.96%31.95%
20% to 30%2,21228.06%, see rank28.24%27.64%
30% to 40%89611.36%, see rank12.07%13.74%
40% or More1,46818.62%, see rank15.95%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lakewood, OH
584 USD
Ohio
442 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLakewood, OH%OhioU.S.
$199 or Less602.01%, see rank5.13%7.76%
$200 to $2991304.36%, see rank14.20%14.70%
$300 to $49985328.63%, see rank42.71%34.63%
$500 to $6991,10637.13%, see rank23.95%21.16%
$700 or More83027.86%, see rank14.02%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lakewood, OH
14.10% of the Total Income
Ohio
12.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lakewood, OH%OhioU.S.
10% or Less95131.92%, see rank38.42%40.19%
10% to 20%1,03934.88%, see rank34.59%31.47%
20% to 30%49616.65%, see rank12.85%12.24%
30% to 40%1555.20%, see rank5.47%5.64%
40% or More31110.44%, see rank7.60%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lakewood, OHOhioU.S.
Total Housing Units27,526, 100%5,135,173132,741,033
1-unit, Detached9,990, 36.29%, see rank68.46%61.65%
1-unit, Attached1,337, 4.86%, see rank4.55%5.82%
2 Units4,669, 16.96%, see rank4.43%3.75%
3 or 4 Units1,892, 6.87%, see rank4.45%4.43%
5 to 9 Units1,126, 4.09%, see rank4.80%4.78%
10 or More Units8,457, 30.72%, see rank9.35%13.08%
Mobile Home, Boat, RV, Van, etc.55, 0.20%, see rank3.95%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lakewood, OHOhioU.S.
Total Housing Units27,526, 100%5,135,173132,741,033
1 Room1,037, 3.77%, see rank1.26%1.95%
2 Rooms716, 2.60%, see rank1.48%2.48%
3 Rooms3,906, 14.19%, see rank6.77%9.13%
4 Rooms3,847, 13.98%, see rank13.78%16.60%
5 Rooms5,815, 21.13%, see rank19.68%20.41%
6 Rooms4,824, 17.53%, see rank20.19%18.06%
7 Rooms2,951, 10.72%, see rank14.38%12.27%
8 Rooms2,025, 7.36%, see rank10.23%8.48%
9 Rooms or More2,405, 8.74%, see rank12.22%10.60%
Median Rooms5.20, see rank5.805.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lakewood, OHOhioU.S.
Total Housing Units27,526, 100%5,135,173132,741,033
No Bedroom1,228, 4.46%, see rank1.39%2.17%
1 Bedroom6,283, 22.83%, see rank9.42%11.16%
2 Bedrooms8,961, 32.55%, see rank26.51%26.69%
3 Bedrooms7,244, 26.32%, see rank42.46%39.70%
4 Bedrooms2,959, 10.75%, see rank17.04%16.05%
5 or More Bedrooms851, 3.09%, see rank3.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lakewood, OHOhioU.S.
Total Housing Units24,573, 100%4,570,015116,211,092
Utility Gas19,851, 80.78%, see rank66.89%48.85%
Bottled, Tank, or LP Gas300, 1.22%, see rank5.26%4.86%
Electricity3,250, 13.23%, see rank22.05%36.68%
Fuel Oil, Kerosene, etc.51, 0.21%, see rank2.60%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood12, 0.05%, see rank2.02%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel732, 2.98%, see rank0.72%0.47%
No Fuel Used377, 1.53%, see rank0.37%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLakewood, OHOhioU.S.
Occupied Units Paying Rent13,308, 100%1,432,38339,201,928
$199 or Less179, 1.35%, see rank2.68%1.50%
$200 to $299289, 2.17%, see rank3.98%3.18%
$300 to $4991,483, 11.14%, see rank11.48%7.37%
$500 to $6994,672, 35.11%, see rank27.69%16.01%
$700 to $9995,149, 38.69%, see rank34.69%29.17%
$1,000 to $1,4991,314, 9.87%, see rank15.67%26.88%
$1,500 to $1,999141, 1.06%, see rank2.43%9.79%
$2,000 or More81, 0.61%, see rank1.39%6.10%
Median$702, see rank$729$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lakewood, OHOhioU.S.
Occupied Housing Units24,573, 100%4,570,015116,211,092
No Vehicles Available3,310, 13.47%, see rank8.41%9.12%
1 Vehicles Available10,851, 44.16%, see rank33.90%33.80%
2 Vehicles Available8,338, 33.93%, see rank37.74%37.48%
3 or More Vehicles Available2,074, 8.44%, see rank19.95%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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