Excelsior, MN Real Estate
According to census data in the year 2000 there were 1,250 housing units in Excelsior.
This represents a 0.4% decline from 1,255 in 1990.
Of those housing units, 1,250 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Excelsior is about 40%.
Excelsior's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 1.95 people.
The majority of houses, apartments or condos in Excelsior were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 38.20% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 19.40% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $185,800 |
| Median Price asked for vacant units | $196,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.63 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $550 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 17.30% |
| Simple Mortgage | 54.60% |
| Debt Free | 20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
