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Austin, MN Real Estate


According to census data in the year 2000 there were 10,266 housing units in Austin. This represents a 4.8% growth from 9,798 in 1990.

Of those housing units, 10,131 were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.

Homeownership rate in Austin is about 73.8%. Austin's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Austin were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom16.40%
Two Bedrooms28.40%
Three Bedrooms39.30%
Four Bedrooms11.70%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1951
Median Value of occupied units$68,600
Median Price asked for vacant units$47,900

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1963
Median Monthly Rent asked for vacant units$298

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.70%
Home Equity Loan8.10%
Simple Mortgage44.90%
Debt Free40.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%