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St. Ignace, MI Real Estate


According to census data in the year 2000 there were 1,208 housing units in St. Ignace. This represents a 1.5% decline from 1,226 in 1990.

Of those housing units, 1,151 were located in either urbanized areas or urban clusters, and 57 were located in what is classified as a rural area.

Homeownership rate in St. Ignace is about 63.2%. St. Ignace's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.34 people.

The majority of houses, apartments or condos in St. Ignace were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14.60%
Two Bedrooms29.30%
Three Bedrooms40.30%
Four Bedrooms13.30%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1954
Median Value of occupied units$86,400
Median Price asked for vacant units$127,100

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1965
Median Monthly Rent asked for vacant units$421

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan3.40%
Simple Mortgage51%
Debt Free41.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%