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Motley, MN Real Estate


According to census data in the year 2000 there were 285 housing units in Motley. This represents a 30.1% growth from 219 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 Motley is about 66.2%. Motley's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Motley were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.50%
Two Bedrooms46%
Three Bedrooms30.50%
Four Bedrooms8.80%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1973
Median Value of occupied units$52,200
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.78
Median year structure was built1987
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.10%
Home Equity Loan2.50%
Simple Mortgage44.50%
Debt Free42.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%