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Fairmont, NE Real Estate


According to census data in the year 2000 there were 307 housing units in Fairmont. This represents a 3.8% decline from 319 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 307 were located in what is classified as a rural area.

Homeownership rate in Fairmont is about 75.1%. Fairmont's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Fairmont were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.40%
Two Bedrooms35.20%
Three Bedrooms36.20%
Four Bedrooms15.60%
Five Bedrooms or more3.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1949
Median Value of occupied units$35,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1963
Median Monthly Rent asked for vacant units$456

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan2.20%
Simple Mortgage52.80%
Debt Free42.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%