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Morning Sun, IA Real Estate


According to census data in the year 2000 there were 359 housing units in Morning Sun. This represents a 3.2% growth from 348 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 359 were located in what is classified as a rural area.

Homeownership rate in Morning Sun is about 79.4%. Morning Sun's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Morning Sun were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom9.20%
Two Bedrooms32.30%
Three Bedrooms44.60%
Four Bedrooms11.70%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$46,100
Median Price asked for vacant units$35,000

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1968
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan2.20%
Simple Mortgage46%
Debt Free49.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.7%