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Ionia, MI Real Estate


According to census data in the year 2000 there were 2,623 housing units in Ionia. This represents a 8.7% growth from 2,412 in 1990.

Of those housing units, 2,595 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.

Homeownership rate in Ionia is about 60.5%. Ionia's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Ionia were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom15.60%
Two Bedrooms21.50%
Three Bedrooms38.50%
Four Bedrooms16.50%
Five Bedrooms or more5.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1939
Median Value of occupied units$77,400
Median Price asked for vacant units$76,100

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1963
Median Monthly Rent asked for vacant units$296

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage5.80%
Home Equity Loan5.50%
Simple Mortgage58.70%
Debt Free29.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%