Stony Point, MI Real Estate
According to census data in the year 2000 there were 655 housing units in Stony Point.
This represents a 12% growth from 585 in 1990.
Of those housing units, 655 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Stony Point is about 86.7%.
Stony Point's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Stony Point were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.70% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 48.50% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $104,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1962 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 68.50% |
| Debt Free | 19.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
