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St. Michael, MN Real Estate


According to census data in the year 2000 there were 3,043 housing units in St. Michael. This represents a 266.6% growth from 830 in 1990.

Of those housing units, 1,872 were located in either urbanized areas or urban clusters, and 1,171 were located in what is classified as a rural area.

Homeownership rate in St. Michael is about 91%. St. Michael's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 3.04 people.

The majority of houses, apartments or condos in St. Michael were built after 1988.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.20%
Two Bedrooms19.20%
Three Bedrooms40%
Four Bedrooms35%
Five Bedrooms or more2.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1988
Median Value of occupied units$156,500
Median Price asked for vacant units$141,000

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1979

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage16.30%
Home Equity Loan15.60%
Simple Mortgage56.60%
Debt Free11.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%