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Olin, IA Real Estate


According to census data in the year 2000 there were 324 housing units in Olin. This represents a 10.2% growth from 294 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 324 were located in what is classified as a rural area.

Homeownership rate in Olin is about 78.7%. Olin's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Olin were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.10%
Two Bedrooms24.40%
Three Bedrooms51.50%
Four Bedrooms11.40%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1939
Median Value of occupied units$65,500
Median Price asked for vacant units$43,300

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1971
Median Monthly Rent asked for vacant units$368

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan2.90%
Simple Mortgage47.50%
Debt Free46.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%