Litchfield, MI Real Estate
According to census data in the year 2000 there were 602 housing units in Litchfield.
This represents a 12.5% growth from 535 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 602 were located in what is classified as a rural area.
Homeownership rate in Litchfield is about 63.7%.
Litchfield's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Litchfield were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1947|
|Median Value of occupied units||$75,500|
|Median Price asked for vacant units||$93,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.7%|