Graceville, MN Real Estate
According to census data in the year 2000 there were 285 housing units in Graceville.
This represents a 8.7% decline from 312 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 285 were located in what is classified as a rural area.
Homeownership rate in Graceville is about 82.6%.
Graceville's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Graceville were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 11.20% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 28.40% |
| Four Bedrooms | 22.10% |
| Five Bedrooms or more | 6% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $44,600 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.49 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 43.50% |
| Debt Free | 52.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
