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Billings, MO Real Estate


According to census data in the year 2000 there were 500 housing units in Billings. This represents a 15.2% growth from 434 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.

Homeownership rate in Billings is about 67.4%. Billings's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Billings were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom13%
Two Bedrooms33.80%
Three Bedrooms43%
Four Bedrooms8.20%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1968
Median Value of occupied units$70,900
Median Price asked for vacant units$56,700

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1976
Median Monthly Rent asked for vacant units$269

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan3.40%
Simple Mortgage52.90%
Debt Free36.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%