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University Park, IA Real Estate


According to census data in the year 2000 there were 206 housing units in University Park. This represents a 1.5% growth from 203 in 1990.

Of those housing units, 182 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in University Park is about 63.6%. University Park's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.54 people.

The majority of houses, apartments or condos in University Park were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.10%
Two Bedrooms34%
Three Bedrooms34%
Four Bedrooms13.60%
Five Bedrooms or more6.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1951
Median Value of occupied units$59,500

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1950
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan1.70%
Simple Mortgage47%
Debt Free49.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%