Fairmount, ND Real Estate
According to census data in the year 2000 there were 211 housing units in Fairmount.
This represents a 3.4% growth from 204 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 211 were located in what is classified as a rural area.
Homeownership rate in Fairmount is about 75.4%.
Fairmount's vacancy rate, including seasonal lodging, is about 15.2%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Fairmount were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.10% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $38,300 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.32 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 53.20% |
| Debt Free | 44.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
