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Pella, IA Real Estate


According to census data in the year 2000 there were 3,704 housing units in Pella. This represents a 16.5% growth from 3,179 in 1990.

Of those housing units, 3,471 were located in either urbanized areas or urban clusters, and 233 were located in what is classified as a rural area.

Homeownership rate in Pella is about 67.3%. Pella's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Pella were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom10.40%
Two Bedrooms27.50%
Three Bedrooms39.60%
Four Bedrooms16.10%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1967
Median Value of occupied units$117,900
Median Price asked for vacant units$98,500

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1970
Median Monthly Rent asked for vacant units$480

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan7.80%
Simple Mortgage50.70%
Debt Free37.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%