Nevada, IA Real Estate
According to census data in the year 2000 there were 2,879 housing units in Nevada.
This represents a 12.5% growth from 2,558 in 1990.
Of those housing units, 2,791 were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.
Homeownership rate in Nevada is about 71%.
Nevada's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Nevada were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 11.60% |
| Two Bedrooms | 36.60% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $91,100 |
| Median Price asked for vacant units | $119,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $458 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 55.40% |
| Debt Free | 23.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
