Elsie, MI Real Estate

According to census data in the year 2000 there were 438 housing units in Elsie. This represents a 15.9% growth from 378 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 438 were located in what is classified as a rural area.

Homeownership rate in Elsie is about 76.6%. Elsie's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Elsie were built after 1939.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom9.40%
Two Bedrooms23.70%
Three Bedrooms46.10%
Four Bedrooms18.70%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Value of occupied units$77,600
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1956

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage3.60%
Home Equity Loan12%
Simple Mortgage42%
Debt Free41.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%