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Gwinn, MI Real Estate


According to census data in the year 2000 there were 1,022 housing units in Gwinn. This represents a 3% growth from 992 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,022 were located in what is classified as a rural area.

Homeownership rate in Gwinn is about 80.7%. Gwinn's vacancy rate, including seasonal lodging, is about 16.5%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Gwinn were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7%
Two Bedrooms32.40%
Three Bedrooms44.70%
Four Bedrooms13.40%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1971
Median Value of occupied units$62,800
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.72
Median year structure was built1964
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan11.40%
Simple Mortgage41.30%
Debt Free44.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%