Paynesville, MN Real Estate
According to census data in the year 2000 there were 981 housing units in Paynesville.
This represents a 5.8% growth from 927 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 981 were located in what is classified as a rural area.
Homeownership rate in Paynesville is about 72.6%.
Paynesville's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Paynesville were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14.20% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $72,500 |
| Median Price asked for vacant units | $134,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $419 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 46.20% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
