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Virginia, MN Real Estate


According to census data in the year 2000 there were 4,692 housing units in Virginia. This represents a 0.3% decline from 4,706 in 1990.

Of those housing units, 4,578 were located in either urbanized areas or urban clusters, and 114 were located in what is classified as a rural area.

Homeownership rate in Virginia is about 61.6%. Virginia's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2 people.

The majority of houses, apartments or condos in Virginia were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom21.30%
Two Bedrooms33.40%
Three Bedrooms32.80%
Four Bedrooms8.10%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1941
Median Value of occupied units$54,000
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1948
Median Monthly Rent asked for vacant units$349

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage2.60%
Home Equity Loan3.50%
Simple Mortgage41.80%
Debt Free51.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%