Excelsior, MN Real Estate

According to census data in the year 2000 there were 1,250 housing units in Excelsior. This represents a 0.4% decline from 1,255 in 1990.

Of those housing units, 1,250 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Excelsior is about 40%. Excelsior's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 1.95 people.

The majority of houses, apartments or condos in Excelsior were built after 1962.


Housing Size

Housing Units by Size
Studio Type4.30%
One Bedroom38.20%
Two Bedrooms28.90%
Three Bedrooms19.40%
Four Bedrooms7.50%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1943
Median Value of occupied units$185,800
Median Price asked for vacant units$196,900

Rented Homes, Apartments and Condos

Average Household Size1.63
Median year structure was built1966
Median Monthly Rent asked for vacant units$550

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage7.10%
Home Equity Loan17.30%
Simple Mortgage54.60%
Debt Free20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%