Oakes, ND Real Estate
According to census data in the year 2000 there were 892 housing units in Oakes.
This represents a 7.6% growth from 829 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 892 were located in what is classified as a rural area.
Homeownership rate in Oakes is about 66.3%.
Oakes's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Oakes were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.70% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 31.60% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $72,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.67 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $335 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 42.30% |
| Debt Free | 52.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
