Forman, ND Real Estate
According to census data in the year 2000 there were 254 housing units in Forman.
This represents a 3.4% decline from 263 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 254 were located in what is classified as a rural area.
Homeownership rate in Forman is about 68.8%.
Forman's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Forman were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.80% |
| Two Bedrooms | 39.80% |
| Three Bedrooms | 24% |
| Four Bedrooms | 21.70% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $53,100 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.57 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $555 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 38.10% |
| Debt Free | 53% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.2% |
