Little Falls, MN Real Estate
According to census data in the year 2000 there were 3,375 housing units in Little Falls.
This represents a 10.7% growth from 3,048 in 1990.
Of those housing units, 3,364 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.
Homeownership rate in Little Falls is about 64.8%.
Little Falls's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Little Falls were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 15.20% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 17.20% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $72,100 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $357 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 4% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 48.30% |
| Debt Free | 43.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
