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Manistee, MI Real Estate


According to census data in the year 2000 there were 3,427 housing units in Manistee. This represents a 4.2% growth from 3,290 in 1990.

Of those housing units, 3,427 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Manistee is about 64.7%. Manistee's vacancy rate, including seasonal lodging, is about 15.1%. Average household size is 2.23 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom16.40%
Two Bedrooms27.70%
Three Bedrooms35.30%
Four Bedrooms14.60%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1939
Median Value of occupied units$66,500
Median Price asked for vacant units$48,600

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1939
Median Monthly Rent asked for vacant units$359

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan4.70%
Simple Mortgage40.80%
Debt Free51.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%