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Greenwood, MN Real Estate


According to census data in the year 2000 there were 303 housing units in Greenwood.

Of those housing units, 303 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Greenwood is about 89.7%. Greenwood's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Greenwood were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom4.30%
Two Bedrooms18.50%
Three Bedrooms37%
Four Bedrooms28.70%
Five Bedrooms or more10.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1963
Median Value of occupied units$379,200
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1962
Median Monthly Rent asked for vacant units$1,375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.70%
Home Equity Loan14.70%
Simple Mortgage53.80%
Debt Free16.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%