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Valley City, ND Real Estate


According to census data in the year 2000 there were 3,245 housing units in Valley City. This represents a 0.7% growth from 3,222 in 1990.

Of those housing units, 3,212 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.

Homeownership rate in Valley City is about 61.7%. Valley City's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.09 people.

The majority of houses, apartments or condos in Valley City were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15.70%
Two Bedrooms37.20%
Three Bedrooms27%
Four Bedrooms15.20%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1957
Median Value of occupied units$61,500
Median Price asked for vacant units$57,800

Rented Homes, Apartments and Condos

Average Household Size1.57
Median year structure was built1958
Median Monthly Rent asked for vacant units$221

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan6.20%
Simple Mortgage38.30%
Debt Free53.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%