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Wadena, IA Real Estate


According to census data in the year 2000 there were 131 housing units in Wadena. This represents a 27.2% growth from 103 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 131 were located in what is classified as a rural area.

Homeownership rate in Wadena is about 67.2%. Wadena's vacancy rate, including seasonal lodging, is about 11.5%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Wadena were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom16%
Two Bedrooms32.10%
Three Bedrooms38.90%
Four Bedrooms13%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1942
Median Value of occupied units$36,300
Median Price asked for vacant units$26,700

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1975
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan15.70%
Simple Mortgage45.70%
Debt Free38.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%