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Great Falls, MT Real Estate


According to census data in the year 2000 there were 25,253 housing units in Great Falls. This represents a 4.5% growth from 24,157 in 1990.

Of those housing units, 25,239 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.

Homeownership rate in Great Falls is about 63.1%. Great Falls's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Great Falls were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom15%
Two Bedrooms30.80%
Three Bedrooms29.50%
Four Bedrooms15.90%
Five Bedrooms or more5.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1960
Median Value of occupied units$92,000
Median Price asked for vacant units$69,800

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1961
Median Monthly Rent asked for vacant units$352

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.40%
Home Equity Loan6.40%
Simple Mortgage53.80%
Debt Free30.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%