Hancock, MN Real Estate

According to census data in the year 2000 there were 323 housing units in Hancock. This represents a 3% decline from 333 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 323 were located in what is classified as a rural area.

Homeownership rate in Hancock is about 85.6%. Hancock's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Hancock were built after 1943.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom4.60%
Two Bedrooms30.30%
Three Bedrooms39.60%
Four Bedrooms19.20%
Five Bedrooms or more4.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1939
Median Value of occupied units$40,000
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1954
Median Monthly Rent asked for vacant units$419

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan3.70%
Simple Mortgage35%
Debt Free56.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%