Ely, IA Real Estate
According to census data in the year 2000 there were 434 housing units in Ely.
This represents a 113.8% growth from 203 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 434 were located in what is classified as a rural area.
Homeownership rate in Ely is about 71.4%.
Ely's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Ely were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 9.70% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 43.30% |
| Four Bedrooms | 18.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $122,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1996 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 10.20% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 64.40% |
| Debt Free | 12.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
