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London, OH Housing

 
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As of 2010-2014, median price of a house in London is $121,200, which is lower than the state average of $129,600 and is lower than the national average of $175,700. The London median house value has grown by 36.64% since 2000. The growth rate for the price of a house in London is higher 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 London was built is 1975, which is newer than the median year for a house built in the state which is 1967 and is about the same as 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 2,074 Owner Occupied Houses in London, OH, #388
London, OH
121,200 USD
Ohio
129,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #186
London, OH
36.64%
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

 London, OHOhioU.S.
Total Housing Units4,380, see rank, 100%5,135,173132,741,033
Occupied Housing Units3,944, 90.05%, see rank88.99%87.55%
Owner Occupied2,074, 47.35%, see rank59.52%56.34%
Renter Occupied1,870, 42.69%, see rank29.48%31.21%
Vacant Housing Units436, 9.95%, see rank11.01%12.45%
For Rent130, 2.97%, see rank2.34%2.34%
For Sale Only85, 1.94%, see rank1.24%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.88%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank1.09%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant221, 5.05%, see rank5.44%4.00%

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

Year Structure Built

Median Built Year, #187
London, OHOhioU.S.
197519671976

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

 London, OH%OhioU.S.
Owner-Occupied Units2,074100%3,056,20674,787,460
With a Mortgage1,52073.29%, see rank66.04%65.58%
Without a Mortgage55426.71%, 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
London, OH
1,140 USD
Ohio
1,274 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLondon, OH%OhioU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $499432.83%, see rank2.18%1.59%
$500 to $6991348.82%, see rank6.80%5.01%
$700 to $99934122.43%, see rank20.08%14.32%
$1,000 to $1,49974048.68%, see rank35.36%27.90%
$1,500 to $1,99918312.04%, see rank19.46%20.35%
$2,000 to $2,999795.20%, see rank12.09%19.52%
$3,000 or More00.00%, see rank3.79%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
London, OH
22.00% 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
 London, OH%OhioU.S.
10% or Less674.41%, see rank6.41%5.86%
10% to 20%56737.30%, see rank36.96%31.95%
20% to 30%48932.17%, see rank28.24%27.64%
30% to 40%18712.30%, see rank12.07%13.74%
40% or More21013.82%, 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
London, OH
379 USD
Ohio
442 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLondon, OH%OhioU.S.
$199 or Less254.51%, see rank5.13%7.76%
$200 to $2998715.70%, see rank14.20%14.70%
$300 to $49936165.16%, see rank42.71%34.63%
$500 to $699397.04%, see rank23.95%21.16%
$700 or More427.58%, see rank14.02%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
London, OH
13.50% 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
 London, OH%OhioU.S.
10% or Less17932.31%, see rank38.42%40.19%
10% to 20%20937.73%, see rank34.59%31.47%
20% to 30%11520.76%, see rank12.85%12.24%
30% to 40%234.15%, see rank5.47%5.64%
40% or More285.05%, 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

 London, OHOhioU.S.
Total Housing Units4,380, 100%5,135,173132,741,033
1-unit, Detached3,016, 68.86%, see rank68.46%61.65%
1-unit, Attached134, 3.06%, see rank4.55%5.82%
2 Units175, 4.00%, see rank4.43%3.75%
3 or 4 Units312, 7.12%, see rank4.45%4.43%
5 to 9 Units275, 6.28%, see rank4.80%4.78%
10 or More Units429, 9.79%, see rank9.35%13.08%
Mobile Home, Boat, RV, Van, etc.39, 0.89%, see rank3.95%6.49%

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

Rooms

 London, OHOhioU.S.
Total Housing Units4,380, 100%5,135,173132,741,033
1 Room225, 5.14%, see rank1.26%1.95%
2 Rooms101, 2.31%, see rank1.48%2.48%
3 Rooms310, 7.08%, see rank6.77%9.13%
4 Rooms759, 17.33%, see rank13.78%16.60%
5 Rooms1,140, 26.03%, see rank19.68%20.41%
6 Rooms778, 17.76%, see rank20.19%18.06%
7 Rooms495, 11.30%, see rank14.38%12.27%
8 Rooms346, 7.90%, see rank10.23%8.48%
9 Rooms or More226, 5.16%, see rank12.22%10.60%
Median Rooms5.20, see rank5.805.50

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

Bedrooms

 London, OHOhioU.S.
Total Housing Units4,380, 100%5,135,173132,741,033
No Bedroom225, 5.14%, see rank1.39%2.17%
1 Bedroom447, 10.21%, see rank9.42%11.16%
2 Bedrooms1,360, 31.05%, see rank26.51%26.69%
3 Bedrooms1,754, 40.05%, see rank42.46%39.70%
4 Bedrooms555, 12.67%, see rank17.04%16.05%
5 or More Bedrooms39, 0.89%, see rank3.18%4.22%

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

House Heating Fuel

 London, OHOhioU.S.
Total Housing Units3,944, 100%4,570,015116,211,092
Utility Gas2,923, 74.11%, see rank66.89%48.85%
Bottled, Tank, or LP Gas40, 1.01%, see rank5.26%4.86%
Electricity904, 22.92%, see rank22.05%36.68%
Fuel Oil, Kerosene, etc.35, 0.89%, see rank2.60%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood0, 0.00%, see rank2.02%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel32, 0.81%, see rank0.72%0.47%
No Fuel Used10, 0.25%, see rank0.37%1.00%

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

Gross Rent

Monthly RentalLondon, OHOhioU.S.
Occupied Units Paying Rent1,734, 100%1,432,38339,201,928
$199 or Less41, 2.36%, see rank2.68%1.50%
$200 to $29985, 4.90%, see rank3.98%3.18%
$300 to $499245, 14.13%, see rank11.48%7.37%
$500 to $699397, 22.90%, see rank27.69%16.01%
$700 to $999646, 37.25%, see rank34.69%29.17%
$1,000 to $1,499170, 9.80%, see rank15.67%26.88%
$1,500 to $1,99939, 2.25%, see rank2.43%9.79%
$2,000 or More111, 6.40%, see rank1.39%6.10%
Median$782, see rank$729$920

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

Vehicle Available

 London, OHOhioU.S.
Occupied Housing Units3,944, 100%4,570,015116,211,092
No Vehicles Available504, 12.78%, see rank8.41%9.12%
1 Vehicles Available1,385, 35.12%, see rank33.90%33.80%
2 Vehicles Available1,449, 36.74%, see rank37.74%37.48%
3 or More Vehicles Available606, 15.37%, see rank19.95%19.61%

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


 
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