Moorhead, MN Real Estate
According to census data in the year 2000 there were 12,171 housing units in Moorhead.
This represents a 5.7% growth from 11,511 in 1990.
Of those housing units, 12,037 were located in either urbanized areas or urban clusters, and 134 were located in what is classified as a rural area.
Homeownership rate in Moorhead is about 63.7%.
Moorhead's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Moorhead were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14.50% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $86,100 |
| Median Price asked for vacant units | $101,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $368 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 10% |
| Simple Mortgage | 52.90% |
| Debt Free | 28% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
