Olds, IA Real Estate
According to census data in the year 2000 there were 116 housing units in Olds.
This represents a 18.4% growth from 98 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.
Homeownership rate in Olds is about 51.5%.
Olds's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Olds were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.30% |
| Two Bedrooms | 52.60% |
| Three Bedrooms | 32.80% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $48,300 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $335 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6% |
| Simple Mortgage | 54% |
| Debt Free | 40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
