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Clare, MI Real Estate


According to census data in the year 2000 there were 1,488 housing units in Clare. This represents a 11.1% growth from 1,339 in 1990.

Of those housing units, 1,465 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.

Homeownership rate in Clare is about 52.5%. Clare's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Clare were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom21.20%
Two Bedrooms32.50%
Three Bedrooms35.90%
Four Bedrooms8.10%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1958
Median Value of occupied units$78,500
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1976
Median Monthly Rent asked for vacant units$369

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan6.70%
Simple Mortgage46%
Debt Free44.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%