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Grass Lake, MI Real Estate


According to census data in the year 2000 there were 423 housing units in Grass Lake. This represents a 20.2% growth from 352 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 423 were located in what is classified as a rural area.

Homeownership rate in Grass Lake is about 68.8%. Grass Lake's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Grass Lake were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom10.60%
Two Bedrooms26.50%
Three Bedrooms42.80%
Four Bedrooms17%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1939
Median Value of occupied units$116,100
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1955
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage2%
Home Equity Loan9%
Simple Mortgage60.40%
Debt Free27.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%