Home

North Oaks, MN Real Estate


According to census data in the year 2000 there were 1,344 housing units in North Oaks. This represents a 20.8% growth from 1,113 in 1990.

Of those housing units, 1,091 were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.

Homeownership rate in North Oaks is about 99.1%. North Oaks's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.93 people.

The majority of houses, apartments or condos in North Oaks were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms3.40%
Three Bedrooms32.90%
Four Bedrooms43.70%
Five Bedrooms or more20%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1976
Median Value of occupied units$413,400

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.50%
Home Equity Loan19.80%
Simple Mortgage46.90%
Debt Free25.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%