Valley City, ND Real Estate
According to census data in the year 2000 there were 3,245 housing units in Valley City.
This represents a 0.7% growth from 3,222 in 1990.
Of those housing units, 3,212 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.
Homeownership rate in Valley City is about 61.7%.
Valley City's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Valley City were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 15.70% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 27% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $61,500 |
| Median Price asked for vacant units | $57,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.57 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $221 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 38.30% |
| Debt Free | 53.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
