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Hendrum, MN Real Estate


According to census data in the year 2000 there were 148 housing units in Hendrum. This represents a 5.7% growth from 140 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 148 were located in what is classified as a rural area.

Homeownership rate in Hendrum is about 82.5%. Hendrum's vacancy rate, including seasonal lodging, is about 14.9%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Hendrum were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.10%
Two Bedrooms32.40%
Three Bedrooms35.10%
Four Bedrooms20.90%
Five Bedrooms or more5.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1953
Median Value of occupied units$37,700
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1953
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan2.20%
Simple Mortgage46.70%
Debt Free48.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%