Ferrysburg, MI Real Estate
According to census data in the year 2000 there were 1,469 housing units in Ferrysburg.
This represents a 14.7% growth from 1,281 in 1990.
Of those housing units, 1,469 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ferrysburg is about 82.3%.
Ferrysburg's vacancy rate, including seasonal lodging, is about 11.4%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Ferrysburg were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.20% |
| Two Bedrooms | 35.50% |
| Three Bedrooms | 31.90% |
| Four Bedrooms | 19.10% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $138,200 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $467 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 52.90% |
| Debt Free | 30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
