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Truman, MN Real Estate


According to census data in the year 2000 there were 544 housing units in Truman. This represents a 0.7% growth from 540 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 544 were located in what is classified as a rural area.

Homeownership rate in Truman is about 72.5%. Truman's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Truman were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom12.10%
Two Bedrooms31.10%
Three Bedrooms37.50%
Four Bedrooms15.80%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1950
Median Value of occupied units$52,700
Median Price asked for vacant units$33,800

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1972
Median Monthly Rent asked for vacant units$258

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan1.50%
Simple Mortgage49%
Debt Free43.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.8%