Mt. Sterling, IA Real Estate
According to census data in the year 2000 there were 26 housing units in Mt. Sterling. This represents a 13% growth from 23 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Mt. Sterling is about 100%. Mt. Sterling's vacancy rate, including seasonal lodging, is about 15.4%. Average household size is 2.77 people.
The majority of houses, apartments or condos in Mt. Sterling were built after 1939.
Statistics
Housing Size
| Housing Units by Size | |||
|---|---|---|---|
| Studio Type | 0% | ||
| One Bedroom | 3.80% | ||
| Two Bedrooms | 30.80% | ||
| Three Bedrooms | 57.70% | ||
| Four Bedrooms | 0% | ||
| Five Bedrooms or more | 7.70% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $18,300 |
Owners Finance Status
| Housing Finance | |||
|---|---|---|---|
| Second Mortgage & Equity Loan | 0% | ||
| Second Mortgage | 0% | ||
| Home Equity Loan | 0% | ||
| Simple Mortgage | 40% | ||
| Debt Free | 60% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10% |
Data sources: 
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