Caledonia, MI Real Estate
According to census data in the year 2000 there were 459 housing units in Caledonia.
This represents a 28.6% growth from 357 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 459 were located in what is classified as a rural area.
Homeownership rate in Caledonia is about 61.8%.
Caledonia's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Caledonia were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 13.50% |
| Two Bedrooms | 29% |
| Three Bedrooms | 39% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.28 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $119,200 |
| Median Price asked for vacant units | $200,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.44 |
| Median year structure was built | 1980 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 11.80% |
| Simple Mortgage | 56.70% |
| Debt Free | 28% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
