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Grand Blanc, MI Real Estate


According to census data in the year 2000 there were 3,718 housing units in Grand Blanc. This represents a 12.7% growth from 3,299 in 1990.

Of those housing units, 3,718 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Grand Blanc is about 59.2%. Grand Blanc's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Grand Blanc were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom20.30%
Two Bedrooms26.20%
Three Bedrooms25.40%
Four Bedrooms23.90%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1972
Median Value of occupied units$148,500
Median Price asked for vacant units$121,000

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1973
Median Monthly Rent asked for vacant units$503

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan10.10%
Simple Mortgage62.70%
Debt Free24.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%