Lake Odessa, MI Real Estate
According to census data in the year 2000 there were 973 housing units in Lake Odessa.
This represents a 0.2% decline from 975 in 1990.
Of those housing units, 969 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Lake Odessa is about 70.6%.
Lake Odessa's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Lake Odessa were built after 1950.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1945|
|Median Value of occupied units||$83,400|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.21|
|Median year structure was built||1958|
|Median Monthly Rent asked for vacant units||$509|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.2%|