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Larchwood, IA Real Estate


According to census data in the year 2000 there were 345 housing units in Larchwood. This represents a 24.1% growth from 278 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 345 were located in what is classified as a rural area.

Homeownership rate in Larchwood is about 84.9%. Larchwood's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Larchwood were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom5.80%
Two Bedrooms29.90%
Three Bedrooms39.40%
Four Bedrooms20.60%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1967
Median Value of occupied units$79,900
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1970
Median Monthly Rent asked for vacant units$295

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan6.40%
Simple Mortgage46%
Debt Free39.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%