Coloma, MI Real Estate
According to census data in the year 2000 there were 677 housing units in Coloma.
This represents a 2.1% growth from 663 in 1990.
Of those housing units, 666 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Coloma is about 73.4%.
Coloma's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Coloma were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 7.20% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $79,500 |
| Median Price asked for vacant units | $67,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $433 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 46.50% |
| Debt Free | 35.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
