Decorah, IA Real Estate
According to census data in the year 2000 there were 2,969 housing units in Decorah.
This represents a 4.7% growth from 2,836 in 1990.
Of those housing units, 2,709 were located in either urbanized areas or urban clusters, and 260 were located in what is classified as a rural area.
Homeownership rate in Decorah is about 63.8%.
Decorah's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Decorah were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 13.60% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 34% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $96,000 |
| Median Price asked for vacant units | $207,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.64 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $297 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 40.50% |
| Debt Free | 47.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
