Pellston, MI Real Estate
According to census data in the year 2000 there were 297 housing units in Pellston.
This represents a 19.3% growth from 249 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 297 were located in what is classified as a rural area.
Homeownership rate in Pellston is about 79.8%.
Pellston's vacancy rate, including seasonal lodging, is about 13.5%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Pellston were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.10% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 36% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $71,600 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.69 |
| Median year structure was built | 1970 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 10.40% |
| Simple Mortgage | 52.60% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
