Solway, MN Real Estate
According to census data in the year 2000 there were 34 housing units in Solway.
This represents a 6.3% growth from 32 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 34 were located in what is classified as a rural area.
Homeownership rate in Solway is about 84.8%.
Solway's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Solway were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.90% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 50% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $53,100 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1982 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 76.50% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
