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Burt, MI Real Estate


According to census data in the year 2000 there were 416 housing units in Burt. This represents a 7.8% growth from 386 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.

Homeownership rate in Burt is about 88.5%. Burt's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.98 people.

The majority of houses, apartments or condos in Burt were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.40%
Two Bedrooms27.40%
Three Bedrooms62%
Four Bedrooms7.20%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1973
Median Value of occupied units$92,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan8.30%
Simple Mortgage52.80%
Debt Free35.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%