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Ormsby, MN Real Estate


According to census data in the year 2000 there were 64 housing units in Ormsby. This represents a 8.6% decline from 70 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 64 were located in what is classified as a rural area.

Homeownership rate in Ormsby is about 96.7%. Ormsby's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Ormsby were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms29.70%
Three Bedrooms45.30%
Four Bedrooms15.60%
Five Bedrooms or more9.40%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1951
Median Value of occupied units$46,000
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size3.5
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan3.70%
Simple Mortgage33.30%
Debt Free63%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.8%