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Gilmore City, IA Real Estate


According to census data in the year 2000 there were 268 housing units in Gilmore City. This represents a 1.5% decline from 272 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 268 were located in what is classified as a rural area.

Homeownership rate in Gilmore City is about 76.6%. Gilmore City's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Gilmore City were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.20%
Two Bedrooms28.70%
Three Bedrooms46.60%
Four Bedrooms17.20%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$39,200
Median Price asked for vacant units$15,000

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1939
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan2.40%
Simple Mortgage32.40%
Debt Free61.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.1%