Chelsea, IA Real Estate
According to census data in the year 2000 there were 111 housing units in Chelsea.
This represents a 28.8% decline from 156 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 111 were located in what is classified as a rural area.
Homeownership rate in Chelsea is about 82.4%.
Chelsea's vacancy rate, including seasonal lodging, is about 18%.
Average household size is 3.21 people.
The majority of houses, apartments or condos in Chelsea were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.30% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 28.80% |
| Four Bedrooms | 26.10% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $30,700 |
| Median Price asked for vacant units | $10,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.88 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 7% |
| Simple Mortgage | 42.30% |
| Debt Free | 50.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
