Durand, MI Real Estate
According to census data in the year 2000 there were 1,521 housing units in Durand.
This represents a 2.7% decline from 1,564 in 1990.
Of those housing units, 1,499 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Durand is about 66.8%.
Durand's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Durand were built after 1949.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.73|
|Median year structure was built||1945|
|Median Value of occupied units||$82,300|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.31|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$437|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|