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.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.30%
Two Bedrooms36.70%
Three Bedrooms34.80%
Four Bedrooms13.60%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1952
Median Value of occupied units$51,500
Median Price asked for vacant units$36,700

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1963
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage1.30%
Home Equity Loan2.30%
Simple Mortgage52%
Debt Free43.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%