Olin, IA Real Estate
According to census data in the year 2000 there were 324 housing units in Olin.
This represents a 10.2% growth from 294 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 324 were located in what is classified as a rural area.
Homeownership rate in Olin is about 78.7%.
Olin's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Olin were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.10% |
| Two Bedrooms | 24.40% |
| Three Bedrooms | 51.50% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $65,500 |
| Median Price asked for vacant units | $43,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $368 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 47.50% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
