Granite Falls, MN Real Estate
According to census data in the year 2000 there were 1,474 housing units in Granite Falls.
This represents a 5.2% growth from 1,401 in 1990.
Of those housing units, 1,444 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Granite Falls is about 70.1%.
Granite Falls's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Granite Falls were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.48|
|Median year structure was built||1960|
|Median Value of occupied units||$64,400|
|Median Price asked for vacant units||$45,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.73|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$350|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.7%|