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Ottertail, MN Real Estate


According to census data in the year 2000 there were 320 housing units in Ottertail. This represents a 35% growth from 237 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.

Homeownership rate in Ottertail is about 82%. Ottertail's vacancy rate, including seasonal lodging, is about 42.8%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Ottertail were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom8.10%
Two Bedrooms28.40%
Three Bedrooms41.60%
Four Bedrooms18.10%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1980
Median Value of occupied units$90,000
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1972
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan9%
Simple Mortgage52.50%
Debt Free32%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%