Coleraine, MN Real Estate
According to census data in the year 2000 there were 460 housing units in Coleraine.
This represents a 7% growth from 430 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 460 were located in what is classified as a rural area.
Homeownership rate in Coleraine is about 80.9%.
Coleraine's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Coleraine were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.60% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 19.30% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 45.50% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
