Pipestone, MN Real Estate
According to census data in the year 2000 there were 2,098 housing units in Pipestone.
This represents a 2.1% growth from 2,055 in 1990.
Of those housing units, 2,018 were located in either urbanized areas or urban clusters, and 80 were located in what is classified as a rural area.
Homeownership rate in Pipestone is about 68.9%.
Pipestone's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Pipestone were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 11.30% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $51,500 |
| Median Price asked for vacant units | $36,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $267 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 52% |
| Debt Free | 43.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
