Horace, ND Real Estate

According to census data in the year 2000 there were 318 housing units in Horace. This represents a 47.2% growth from 216 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 318 were located in what is classified as a rural area.

Homeownership rate in Horace is about 87.5%. Horace's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 3.07 people.

The majority of houses, apartments or condos in Horace were built after 1978.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.50%
Two Bedrooms15.10%
Three Bedrooms50.90%
Four Bedrooms26.70%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.18
Median year structure was built1979
Median Value of occupied units$84,900
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1967
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan8.60%
Simple Mortgage73.70%
Debt Free11.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%