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Ferrysburg, MI Real Estate


According to census data in the year 2000 there were 1,469 housing units in Ferrysburg. This represents a 14.7% growth from 1,281 in 1990.

Of those housing units, 1,469 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ferrysburg is about 82.3%. Ferrysburg's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Ferrysburg were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.20%
Two Bedrooms35.50%
Three Bedrooms31.90%
Four Bedrooms19.10%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1975
Median Value of occupied units$138,200
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1973
Median Monthly Rent asked for vacant units$467

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan10.80%
Simple Mortgage52.90%
Debt Free30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%