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Kaleva, MI Real Estate


According to census data in the year 2000 there were 255 housing units in Kaleva. This represents a 2% growth from 250 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 255 were located in what is classified as a rural area.

Homeownership rate in Kaleva is about 75.8%. Kaleva's vacancy rate, including seasonal lodging, is about 17.3%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Kaleva were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom7.80%
Two Bedrooms32.20%
Three Bedrooms46.30%
Four Bedrooms12.50%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1955
Median Value of occupied units$52,900
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1956
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan3.70%
Simple Mortgage48.50%
Debt Free46.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.5%