Home

Moorhead, MN Real Estate


According to census data in the year 2000 there were 12,171 housing units in Moorhead. This represents a 5.7% growth from 11,511 in 1990.

Of those housing units, 12,037 were located in either urbanized areas or urban clusters, and 134 were located in what is classified as a rural area.

Homeownership rate in Moorhead is about 63.7%. Moorhead's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Moorhead were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom14.50%
Two Bedrooms30.10%
Three Bedrooms32.70%
Four Bedrooms17.30%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1964
Median Value of occupied units$86,100
Median Price asked for vacant units$101,200

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1971
Median Monthly Rent asked for vacant units$368

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.80%
Home Equity Loan10%
Simple Mortgage52.90%
Debt Free28%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%