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Traer, IA Real Estate


According to census data in the year 2000 there were 727 housing units in Traer. This represents a 1.5% growth from 716 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 727 were located in what is classified as a rural area.

Homeownership rate in Traer is about 80.4%. Traer's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Traer were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4.80%
Two Bedrooms39.20%
Three Bedrooms39.60%
Four Bedrooms13.60%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1946
Median Value of occupied units$68,400
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1945
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan2.40%
Simple Mortgage42.30%
Debt Free50.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%