Mahtomedi, MN Real Estate
According to census data in the year 2000 there were 2,567 housing units in Mahtomedi.
This represents a 33.1% growth from 1,929 in 1990.
Of those housing units, 2,567 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mahtomedi is about 88.7%.
Mahtomedi's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Mahtomedi were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 3.70% |
| Two Bedrooms | 19.90% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 7.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $180,300 |
| Median Price asked for vacant units | $186,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $344 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 11.90% |
| Home Equity Loan | 19.20% |
| Simple Mortgage | 51.40% |
| Debt Free | 16.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
