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Frazee, MN Real Estate


According to census data in the year 2000 there were 557 housing units in Frazee. This represents a 14.8% growth from 485 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 557 were located in what is classified as a rural area.

Homeownership rate in Frazee is about 62.7%. Frazee's vacancy rate, including seasonal lodging, is about 10.6%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Frazee were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type4.50%
One Bedroom7%
Two Bedrooms37.90%
Three Bedrooms35.40%
Four Bedrooms11.30%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1951
Median Value of occupied units$51,100
Median Price asked for vacant units$37,900

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1971
Median Monthly Rent asked for vacant units$266

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan0.80%
Simple Mortgage44%
Debt Free49.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%