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Lolo, MT Real Estate


According to census data in the year 2000 there were 1,259 housing units in Lolo. This represents a 32.1% growth from 953 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,259 were located in what is classified as a rural area.

Homeownership rate in Lolo is about 79.7%. Lolo's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Lolo were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.30%
Two Bedrooms25.50%
Three Bedrooms50.80%
Four Bedrooms15.60%
Five Bedrooms or more5.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1978
Median Value of occupied units$116,400
Median Price asked for vacant units$118,800

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1980
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.60%
Home Equity Loan11.20%
Simple Mortgage67.60%
Debt Free10.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%