Eastwood, MI Real Estate
According to census data in the year 2000 there were 2,792 housing units in Eastwood.
This represents a 1.6% growth from 2,748 in 1990.
Of those housing units, 2,792 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Eastwood is about 66.2%.
Eastwood's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Eastwood were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 14.60% |
| Two Bedrooms | 43.30% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $67,000 |
| Median Price asked for vacant units | $70,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $471 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 60.30% |
| Debt Free | 28.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
