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Willmar, MN Real Estate


According to census data in the year 2000 there were 7,788 housing units in Willmar. This represents a 11.5% growth from 6,985 in 1990.

Of those housing units, 7,775 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in Willmar is about 62.7%. Willmar's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Willmar were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom17%
Two Bedrooms30.90%
Three Bedrooms31.50%
Four Bedrooms15.10%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1966
Median Value of occupied units$83,700
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1974
Median Monthly Rent asked for vacant units$422

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.30%
Home Equity Loan10.20%
Simple Mortgage48.50%
Debt Free31.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%