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Nicollet, MN Real Estate


According to census data in the year 2000 there were 358 housing units in Nicollet. This represents a 11.9% growth from 320 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 358 were located in what is classified as a rural area.

Homeownership rate in Nicollet is about 78.9%. Nicollet's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Nicollet were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.90%
Two Bedrooms22.90%
Three Bedrooms40.80%
Four Bedrooms24%
Five Bedrooms or more3.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1968
Median Value of occupied units$93,500
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1974
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan14.90%
Simple Mortgage43.40%
Debt Free36%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%