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Stephen, MN Real Estate


According to census data in the year 2000 there were 327 housing units in Stephen. This represents a 4.4% decline from 342 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 327 were located in what is classified as a rural area.

Homeownership rate in Stephen is about 79.7%. Stephen's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Stephen were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.60%
Two Bedrooms30.30%
Three Bedrooms30.90%
Four Bedrooms25.70%
Five Bedrooms or more4.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1965
Median Value of occupied units$41,900
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size1.32
Median year structure was built1972
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan2.80%
Simple Mortgage43.20%
Debt Free50.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.6%