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Deerwood, MN Real Estate


According to census data in the year 2000 there were 309 housing units in Deerwood. This represents a 8.8% growth from 284 in 1990.

Of those housing units, 248 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.

Homeownership rate in Deerwood is about 61.4%. Deerwood's vacancy rate, including seasonal lodging, is about 20.4%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Deerwood were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom17.80%
Two Bedrooms32.40%
Three Bedrooms28.80%
Four Bedrooms16.80%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1956
Median Value of occupied units$98,500
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size1.36
Median year structure was built1975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan5.90%
Simple Mortgage54.60%
Debt Free36.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%