Concord, MI Real Estate
According to census data in the year 2000 there were 471 housing units in Concord.
This represents a 27.6% growth from 369 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 471 were located in what is classified as a rural area.
Homeownership rate in Concord is about 73.6%.
Concord's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Concord were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.90% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $91,000 |
| Median Price asked for vacant units | $108,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 0.80% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 49.40% |
| Debt Free | 35.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
