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Forestville, MI Real Estate


According to census data in the year 2000 there were 145 housing units in Forestville. This represents a 7.1% decline from 156 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Forestville is about 96.1%. Forestville's vacancy rate, including seasonal lodging, is about 64.8%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Forestville were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom7.60%
Two Bedrooms51%
Three Bedrooms34.50%
Four Bedrooms2.80%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1954
Median Value of occupied units$63,800
Median Price asked for vacant units$61,700

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1945

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan7%
Simple Mortgage41.90%
Debt Free51.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%