Royal, IA Real Estate
According to census data in the year 2000 there were 218 housing units in Royal.
This represents a 2.8% growth from 212 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 218 were located in what is classified as a rural area.
Homeownership rate in Royal is about 78.4%.
Royal's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Royal were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.20% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $47,500 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $314 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 51.10% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.6% |
