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Gladwin, MI Real Estate


According to census data in the year 2000 there were 1,332 housing units in Gladwin. This represents a 12.4% growth from 1,185 in 1990.

Of those housing units, 1,199 were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.

Homeownership rate in Gladwin is about 62.9%. Gladwin's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Gladwin were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom18.20%
Two Bedrooms26.10%
Three Bedrooms39.50%
Four Bedrooms15.20%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1958
Median Value of occupied units$74,900
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1974
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.70%
Second Mortgage5%
Home Equity Loan5.50%
Simple Mortgage45.80%
Debt Free42.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%