Elberta, MI Real Estate
According to census data in the year 2000 there were 241 housing units in Elberta.
This represents a 3.4% growth from 233 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 241 were located in what is classified as a rural area.
Homeownership rate in Elberta is about 76.8%.
Elberta's vacancy rate, including seasonal lodging, is about 19.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Elberta were built after 1941.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1939|
|Median Value of occupied units||$72,800|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.42|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|