Glencoe, MN Real Estate
According to census data in the year 2000 there were 2,152 housing units in Glencoe.
This represents a 15.6% growth from 1,861 in 1990.
Of those housing units, 2,126 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Glencoe is about 77.2%.
Glencoe's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Glencoe were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 9.80% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $96,200 |
| Median Price asked for vacant units | $66,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $508 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 46.40% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
