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Gladstone, MI Real Estate


According to census data in the year 2000 there were 2,284 housing units in Gladstone. This represents a 15.9% growth from 1,970 in 1990.

Of those housing units, 2,040 were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.

Homeownership rate in Gladstone is about 79.5%. Gladstone's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Gladstone were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom12%
Two Bedrooms21.80%
Three Bedrooms49.80%
Four Bedrooms14.10%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1956
Median Value of occupied units$68,500
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1960
Median Monthly Rent asked for vacant units$331

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.50%
Home Equity Loan5.90%
Simple Mortgage51.80%
Debt Free37.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%