Blaine, MN Real Estate
According to census data in the year 2000 there were 16,170 housing units in Blaine.
This represents a 22.7% growth from 13,176 in 1990.
Of those housing units, 15,517 were located in either urbanized areas or urban clusters, and 653 were located in what is classified as a rural area.
Homeownership rate in Blaine is about 90.6%.
Blaine's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.82 people.
The majority of houses, apartments or condos in Blaine were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 4.40% |
| Two Bedrooms | 25.80% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 21.50% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $125,600 |
| Median Price asked for vacant units | $192,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $743 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 12% |
| Home Equity Loan | 15.80% |
| Simple Mortgage | 59.60% |
| Debt Free | 12.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
