Port Hope, MI Real Estate
According to census data in the year 2000 there were 195 housing units in Port Hope.
This represents a 16.7% decline from 234 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 195 were located in what is classified as a rural area.
Homeownership rate in Port Hope is about 89.3%.
Port Hope's vacancy rate, including seasonal lodging, is about 37.9%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Port Hope were built after 1944.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 0% |
| One Bedroom | 1% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 7.20% |
Owned Homes, Apartments and Condos
Average Household Size | 2.16 |
Median year structure was built | 1943 |
Median Value of occupied units | $64,300 |
Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
Average Household Size | 3.46 |
Median year structure was built | 1972 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 0% |
| Simple Mortgage | 35.40% |
| Debt Free | 62.50% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |