Nielsville, MN Real Estate
According to census data in the year 2000 there were 50 housing units in Nielsville.
This represents a 24.2% decline from 66 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.
Homeownership rate in Nielsville is about 76.3%.
Nielsville's vacancy rate, including seasonal lodging, is about 24%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Nielsville were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6% |
| Two Bedrooms | 24% |
| Three Bedrooms | 56% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $14,700 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1956 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 25.90% |
| Debt Free | 66.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
