Manistee, MI Real Estate
According to census data in the year 2000 there were 3,427 housing units in Manistee.
This represents a 4.2% growth from 3,290 in 1990.
Of those housing units, 3,427 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Manistee is about 64.7%.
Manistee's vacancy rate, including seasonal lodging, is about 15.1%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Manistee were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 16.40% |
| Two Bedrooms | 27.70% |
| Three Bedrooms | 35.30% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $48,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $359 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 40.80% |
| Debt Free | 51.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
