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Forman, ND Real Estate


According to census data in the year 2000 there were 254 housing units in Forman. This represents a 3.4% decline from 263 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.

Homeownership rate in Forman is about 68.8%. Forman's vacancy rate, including seasonal lodging, is about 11.8%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Forman were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.80%
Two Bedrooms39.80%
Three Bedrooms24%
Four Bedrooms21.70%
Five Bedrooms or more4.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1962
Median Value of occupied units$53,100
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size1.57
Median year structure was built1970
Median Monthly Rent asked for vacant units$555

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan3.70%
Simple Mortgage38.10%
Debt Free53%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.2%