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Monona, WI Real Estate


According to census data in the year 2000 there were 3,937 housing units in Monona. This represents a 3% growth from 3,822 in 1990.

Of those housing units, 3,937 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Monona is about 60.2%. Monona's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Monona were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom20.10%
Two Bedrooms24.10%
Three Bedrooms38.70%
Four Bedrooms12.70%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1955
Median Value of occupied units$137,300
Median Price asked for vacant units$211,500

Rented Homes, Apartments and Condos

Average Household Size1.71
Median year structure was built1966
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage10.40%
Home Equity Loan12.40%
Simple Mortgage44.20%
Debt Free32.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%