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Foley, MN Real Estate


According to census data in the year 2000 there were 790 housing units in Foley. This represents a 12.5% growth from 702 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 790 were located in what is classified as a rural area.

Homeownership rate in Foley is about 71.6%. Foley's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Foley were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom13.90%
Two Bedrooms28.50%
Three Bedrooms37.50%
Four Bedrooms15.90%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1965
Median Value of occupied units$83,600
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1978

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan10.70%
Simple Mortgage51.20%
Debt Free31.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%