Bellaire, MI Real Estate
According to census data in the year 2000 there were 555 housing units in Bellaire.
This represents a 7.4% growth from 517 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 555 were located in what is classified as a rural area.
Homeownership rate in Bellaire is about 72.2%.
Bellaire's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Bellaire were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 13.90% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $90,400 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.7 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 59.70% |
| Debt Free | 29.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
