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Bovey, MN Real Estate


According to census data in the year 2000 there were 321 housing units in Bovey. This represents a 1.5% decline from 326 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 321 were located in what is classified as a rural area.

Homeownership rate in Bovey is about 65.2%. Bovey's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.13 people.

The majority of houses, apartments or condos in Bovey were built after 1940.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom16.20%
Two Bedrooms43%
Three Bedrooms29%
Four Bedrooms11.20%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1939
Median Value of occupied units$37,200
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1942
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.70%
Home Equity Loan1.20%
Simple Mortgage38%
Debt Free54%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%