Northwood, ND Real Estate
According to census data in the year 2000 there were 460 housing units in Northwood.
This represents a 8.5% decline from 503 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 460 were located in what is classified as a rural area.
Homeownership rate in Northwood is about 76%.
Northwood's vacancy rate, including seasonal lodging, is about 12.2%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Northwood were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 12.20% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 32.20% |
| Four Bedrooms | 14.10% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $58,300 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $288 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 40.10% |
| Debt Free | 54.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
