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Lankin, ND Real Estate


According to census data in the year 2000 there were 82 housing units in Lankin. This represents a 7.9% decline from 89 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 82 were located in what is classified as a rural area.

Homeownership rate in Lankin is about 93.8%. Lankin's vacancy rate, including seasonal lodging, is about 22%. Average household size is 1.86 people.

The majority of houses, apartments or condos in Lankin were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.60%
Two Bedrooms28%
Three Bedrooms42.70%
Four Bedrooms9.80%
Five Bedrooms or more4.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1950
Median Value of occupied units$26,700
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage7.10%
Debt Free92.90%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs14%