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Montgomery City, MO Real Estate


According to census data in the year 2000 there were 1,134 housing units in Montgomery City. This represents a 11.1% growth from 1,021 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,134 were located in what is classified as a rural area.

Homeownership rate in Montgomery City is about 71.3%. Montgomery City's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Montgomery City were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom9.20%
Two Bedrooms32.50%
Three Bedrooms43.10%
Four Bedrooms12.50%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1964
Median Value of occupied units$64,800
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1964
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan4.10%
Simple Mortgage47.30%
Debt Free45.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%