Medicine Lake, MT Real Estate
According to census data in the year 2000 there were 173 housing units in Medicine Lake.
This represents a 12.6% decline from 198 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 173 were located in what is classified as a rural area.
Homeownership rate in Medicine Lake is about 71.8%.
Medicine Lake's vacancy rate, including seasonal lodging, is about 24.3%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Medicine Lake were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.20% |
| Two Bedrooms | 30.60% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $25,500 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 29% |
| Debt Free | 67.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
