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Martelle, IA Real Estate


According to census data in the year 2000 there were 109 housing units in Martelle. This represents a 5.2% decline from 115 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 109 were located in what is classified as a rural area.

Homeownership rate in Martelle is about 84.8%. Martelle's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Martelle were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.30%
Two Bedrooms22.90%
Three Bedrooms53.20%
Four Bedrooms11%
Five Bedrooms or more5.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1953
Median Value of occupied units$58,900
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1956

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan4.80%
Second Mortgage2.40%
Home Equity Loan12%
Simple Mortgage44.60%
Debt Free36.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%