Ottertail, MN Real Estate
According to census data in the year 2000 there were 320 housing units in Ottertail.
This represents a 35% growth from 237 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.
Homeownership rate in Ottertail is about 82%.
Ottertail's vacancy rate, including seasonal lodging, is about 42.8%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Ottertail were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8.10% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 18.10% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $90,000 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 9% |
| Simple Mortgage | 52.50% |
| Debt Free | 32% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
