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Ossineke, MI Real Estate


According to census data in the year 2000 there were 528 housing units in Ossineke. This represents a 2.2% decline from 540 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.

Homeownership rate in Ossineke is about 80.4%. Ossineke's vacancy rate, including seasonal lodging, is about 21.6%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Ossineke were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom5.70%
Two Bedrooms32.60%
Three Bedrooms47.50%
Four Bedrooms12.70%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1966
Median Value of occupied units$74,100
Median Price asked for vacant units$71,300

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1949
Median Monthly Rent asked for vacant units$378

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage4.20%
Home Equity Loan3.10%
Simple Mortgage42.10%
Debt Free49%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%