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Bagley, MN Real Estate


According to census data in the year 2000 there were 596 housing units in Bagley. This represents a 10.2% decline from 664 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 596 were located in what is classified as a rural area.

Homeownership rate in Bagley is about 58.6%. Bagley's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.02 people.

The majority of houses, apartments or condos in Bagley were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom24.20%
Two Bedrooms35.20%
Three Bedrooms28.40%
Four Bedrooms9.70%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1946
Median Value of occupied units$42,600
Median Price asked for vacant units$26,300

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1971
Median Monthly Rent asked for vacant units$130

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.90%
Simple Mortgage43.50%
Debt Free53.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%