Montezuma, IA Real Estate
According to census data in the year 2000 there were 641 housing units in Montezuma.
This represents a 4% decline from 668 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 641 were located in what is classified as a rural area.
Homeownership rate in Montezuma is about 65.1%.
Montezuma's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Montezuma were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 10.60% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $73,800 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $341 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 53.20% |
| Debt Free | 40.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
