Oelwein, IA Real Estate
According to census data in the year 2000 there were 3,046 housing units in Oelwein.
This represents a 4.4% growth from 2,918 in 1990.
Of those housing units, 2,940 were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.
Homeownership rate in Oelwein is about 72.7%.
Oelwein's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Oelwein were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 11.10% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $53,300 |
| Median Price asked for vacant units | $46,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $328 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 43.10% |
| Debt Free | 47.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
