Elgin, ND Real Estate
According to census data in the year 2000 there were 379 housing units in Elgin.
This represents a 8.7% decline from 415 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.
Homeownership rate in Elgin is about 71.9%.
Elgin's vacancy rate, including seasonal lodging, is about 15.6%.
Average household size is 1.9 people.
The majority of houses, apartments or condos in Elgin were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 16.10% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 29% |
| Four Bedrooms | 20.30% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $27,900 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 24.40% |
| Debt Free | 75.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.6% |
