Nora Springs, IA Real Estate
According to census data in the year 2000 there were 627 housing units in Nora Springs.
This represents a 6.6% growth from 588 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 627 were located in what is classified as a rural area.
Homeownership rate in Nora Springs is about 82.1%.
Nora Springs's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Nora Springs were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.10% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 44% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $64,700 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1942 |
| Median Monthly Rent asked for vacant units | $242 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 46% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
