Forbes, ND Real Estate
According to census data in the year 2000 there were 40 housing units in Forbes.
This represents a 14.3% growth from 35 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.
Homeownership rate in Forbes is about 94.4%.
Forbes's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 1.94 people.
The majority of houses, apartments or condos in Forbes were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.50% |
| Two Bedrooms | 25% |
| Three Bedrooms | 62.50% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $27,500 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.5 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 9.10% |
| Debt Free | 90.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 9.9% |
