Nisswa, MN Real Estate
According to census data in the year 2000 there were 1,450 housing units in Nisswa.
This represents a 26.6% growth from 1,145 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,450 were located in what is classified as a rural area.
Homeownership rate in Nisswa is about 87.2%.
Nisswa's vacancy rate, including seasonal lodging, is about 45.2%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Nisswa were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 3.50% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 17.90% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $149,100 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 45.50% |
| Debt Free | 34.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
