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Lamoni, IA Real Estate


According to census data in the year 2000 there were 908 housing units in Lamoni. This represents a 4.8% growth from 866 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 908 were located in what is classified as a rural area.

Homeownership rate in Lamoni is about 53.5%. Lamoni's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Lamoni were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom22.40%
Two Bedrooms26.40%
Three Bedrooms30.90%
Four Bedrooms13.30%
Five Bedrooms or more5.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1961
Median Value of occupied units$68,900
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size1.68
Median year structure was built1966
Median Monthly Rent asked for vacant units$306

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.40%
Second Mortgage2.10%
Home Equity Loan2.60%
Simple Mortgage46.30%
Debt Free46.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%