Preston, IA Real Estate
According to census data in the year 2000 there were 436 housing units in Preston.
This represents a 3.8% growth from 420 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 436 were located in what is classified as a rural area.
Homeownership rate in Preston is about 73.3%.
Preston's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Preston were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11% |
| Two Bedrooms | 31% |
| Three Bedrooms | 40.40% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $69,300 |
| Median Price asked for vacant units | $91,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 48.20% |
| Debt Free | 45.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
