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Bellaire, MI Real Estate


According to census data in the year 2000 there were 555 housing units in Bellaire. This represents a 7.4% growth from 517 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 555 were located in what is classified as a rural area.

Homeownership rate in Bellaire is about 72.2%. Bellaire's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Bellaire were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom13.90%
Two Bedrooms27.40%
Three Bedrooms42.20%
Four Bedrooms13.20%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1965
Median Value of occupied units$90,400
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1965
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage3.20%
Home Equity Loan7.30%
Simple Mortgage59.70%
Debt Free29.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%