Clare, MI Real Estate
According to census data in the year 2000 there were 1,488 housing units in Clare.
This represents a 11.1% growth from 1,339 in 1990.
Of those housing units, 1,465 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.
Homeownership rate in Clare is about 52.5%.
Clare's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Clare were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 21.20% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 35.90% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $78,500 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 46% |
| Debt Free | 44.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
