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Oscoda, MI Real Estate


According to census data in the year 2000 there were 614 housing units in Oscoda. This represents a 6% growth from 579 in 1990.

Of those housing units, 614 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oscoda is about 65.7%. Oscoda's vacancy rate, including seasonal lodging, is about 23.9%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Oscoda were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.80%
Two Bedrooms34.40%
Three Bedrooms38.30%
Four Bedrooms10.30%
Five Bedrooms or more2.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1960
Median Value of occupied units$69,900
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1958
Median Monthly Rent asked for vacant units$271

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.10%
Second Mortgage4.10%
Home Equity Loan6.20%
Simple Mortgage46.70%
Debt Free40.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%