Panora, IA Real Estate
According to census data in the year 2000 there were 512 housing units in Panora.
This represents a 5.6% growth from 485 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 512 were located in what is classified as a rural area.
Homeownership rate in Panora is about 74.7%.
Panora's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Panora were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.90% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $69,500 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 48.60% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
