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Marcus, IA Real Estate


According to census data in the year 2000 there were 533 housing units in Marcus. This represents a 0.4% growth from 531 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 533 were located in what is classified as a rural area.

Homeownership rate in Marcus is about 86%. Marcus's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Marcus were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom7.70%
Two Bedrooms28.10%
Three Bedrooms42.60%
Four Bedrooms17.80%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1940
Median Value of occupied units$62,200
Median Price asked for vacant units$33,300

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1947
Median Monthly Rent asked for vacant units$196

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan3.70%
Simple Mortgage34.30%
Debt Free58.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%