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Clara City, MN Real Estate


According to census data in the year 2000 there were 624 housing units in Clara City. This represents a 4.7% growth from 596 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.

Homeownership rate in Clara City is about 80.8%. Clara City's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Clara City were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom10.70%
Two Bedrooms28%
Three Bedrooms44.70%
Four Bedrooms12.70%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1954
Median Value of occupied units$58,500
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1973
Median Monthly Rent asked for vacant units$685

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan3.40%
Simple Mortgage42.70%
Debt Free48.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%