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Little Falls, MN Real Estate


According to census data in the year 2000 there were 3,375 housing units in Little Falls. This represents a 10.7% growth from 3,048 in 1990.

Of those housing units, 3,364 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.

Homeownership rate in Little Falls is about 64.8%. Little Falls's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Little Falls were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom15.20%
Two Bedrooms26.80%
Three Bedrooms36.50%
Four Bedrooms17.20%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1953
Median Value of occupied units$72,100
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1972
Median Monthly Rent asked for vacant units$357

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage4%
Home Equity Loan3.30%
Simple Mortgage48.30%
Debt Free43.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%