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Metamora, MI Real Estate


According to census data in the year 2000 there were 208 housing units in Metamora. This represents a 33.3% growth from 156 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 208 were located in what is classified as a rural area.

Homeownership rate in Metamora is about 83.9%. Metamora's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Metamora were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.30%
Two Bedrooms21.20%
Three Bedrooms55.80%
Four Bedrooms14.40%
Five Bedrooms or more4.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1956
Median Value of occupied units$144,900
Median Price asked for vacant units$165,000

Rented Homes, Apartments and Condos

Average Household Size3.65
Median year structure was built1995

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan7.40%
Simple Mortgage60.40%
Debt Free28.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%