Auburn Hills, MI Real Estate
According to census data in the year 2000 there were 8,853 housing units in Auburn Hills.
This represents a 25.2% growth from 7,069 in 1990.
Of those housing units, 8,853 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Auburn Hills is about 51.3%.
Auburn Hills's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Auburn Hills were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 17.20% |
| Two Bedrooms | 43% |
| Three Bedrooms | 30.10% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $137,200 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $864 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 64% |
| Debt Free | 19.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
