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Prescott, IA Real Estate


According to census data in the year 2000 there were 129 housing units in Prescott. This represents a 2.3% decline from 132 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 129 were located in what is classified as a rural area.

Homeownership rate in Prescott is about 84.5%. Prescott's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.33 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.90%
Two Bedrooms38.80%
Three Bedrooms31%
Four Bedrooms19.40%
Five Bedrooms or more7%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1939
Median Value of occupied units$17,800
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan0%
Simple Mortgage37.30%
Debt Free56.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%