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Grand Meadow, MN Real Estate


According to census data in the year 2000 there were 414 housing units in Grand Meadow. This represents a 8.4% growth from 382 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 414 were located in what is classified as a rural area.

Homeownership rate in Grand Meadow is about 80.3%. Grand Meadow's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.28 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.10%
Two Bedrooms27.30%
Three Bedrooms41.80%
Four Bedrooms17.60%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1948
Median Value of occupied units$72,900
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.35
Median year structure was built1974
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.20%
Home Equity Loan5.60%
Simple Mortgage46.50%
Debt Free36.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%