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Latimer, IA Real Estate


According to census data in the year 2000 there were 214 housing units in Latimer. This represents a 4.9% decline from 225 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 214 were located in what is classified as a rural area.

Homeownership rate in Latimer is about 78.4%. Latimer's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Latimer were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.10%
Two Bedrooms37.90%
Three Bedrooms40.70%
Four Bedrooms7.50%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1949
Median Value of occupied units$40,000
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan2.70%
Simple Mortgage35.30%
Debt Free60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%