Nisswa, MN Real Estate

According to census data in the year 2000 there were 1,450 housing units in Nisswa. This represents a 26.6% growth from 1,145 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,450 were located in what is classified as a rural area.

Homeownership rate in Nisswa is about 87.2%. Nisswa's vacancy rate, including seasonal lodging, is about 45.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Nisswa were built after 1977.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom3.50%
Two Bedrooms32.30%
Three Bedrooms40.90%
Four Bedrooms17.90%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1976
Median Value of occupied units$149,100
Median Price asked for vacant units$168,800

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1980
Median Monthly Rent asked for vacant units$450

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan10.20%
Simple Mortgage45.50%
Debt Free34.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%