Cologne, MN Real Estate
According to census data in the year 2000 there were 392 housing units in Cologne.
This represents a 69% growth from 232 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 392 were located in what is classified as a rural area.
Homeownership rate in Cologne is about 87.1%.
Cologne's vacancy rate, including seasonal lodging, is about 1%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Cologne were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.40% |
| Two Bedrooms | 35.70% |
| Three Bedrooms | 32.90% |
| Four Bedrooms | 19.90% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $129,000 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 15.40% |
| Home Equity Loan | 14.70% |
| Simple Mortgage | 52.20% |
| Debt Free | 17% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.3% |
