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Olds, IA Real Estate


According to census data in the year 2000 there were 116 housing units in Olds. This represents a 18.4% growth from 98 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.

Homeownership rate in Olds is about 51.5%. Olds's vacancy rate, including seasonal lodging, is about 12.9%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Olds were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.30%
Two Bedrooms52.60%
Three Bedrooms32.80%
Four Bedrooms8.60%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1948
Median Value of occupied units$48,300
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1953
Median Monthly Rent asked for vacant units$335

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan6%
Simple Mortgage54%
Debt Free40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%