Auburn, MI Real Estate
According to census data in the year 2000 there were 873 housing units in Auburn.
This represents a 16.1% growth from 752 in 1990.
Of those housing units, 868 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.
Homeownership rate in Auburn is about 67.3%.
Auburn's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Auburn were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13.90% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 44.90% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $100,300 |
| Median Price asked for vacant units | $90,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $380 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 47.30% |
| Debt Free | 41.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
