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Stony Point, MI Real Estate


According to census data in the year 2000 there were 655 housing units in Stony Point. This represents a 12% growth from 585 in 1990.

Of those housing units, 655 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Stony Point is about 86.7%. Stony Point's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Stony Point were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.70%
Two Bedrooms32.40%
Three Bedrooms48.50%
Four Bedrooms13.10%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1953
Median Value of occupied units$104,700
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1962

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan6.40%
Simple Mortgage68.50%
Debt Free19.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%