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Forbes, ND Real Estate


According to census data in the year 2000 there were 40 housing units in Forbes. This represents a 14.3% growth from 35 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.

Homeownership rate in Forbes is about 94.4%. Forbes's vacancy rate, including seasonal lodging, is about 10%. Average household size is 1.94 people.

The majority of houses, apartments or condos in Forbes were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.50%
Two Bedrooms25%
Three Bedrooms62.50%
Four Bedrooms0%
Five Bedrooms or more5%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1939
Median Value of occupied units$27,500
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1985
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage9.10%
Debt Free90.90%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%