Verndale, MN Real Estate
According to census data in the year 2000 there were 253 housing units in Verndale.
This represents a 3.4% decline from 262 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.
Homeownership rate in Verndale is about 71.6%.
Verndale's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Verndale were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 33.20% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 15.40% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $44,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $258 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 30.50% |
| Debt Free | 58.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
