Otisville, MI Real Estate
According to census data in the year 2000 there were 361 housing units in Otisville.
This represents a 24.1% growth from 291 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 361 were located in what is classified as a rural area.
Homeownership rate in Otisville is about 82.1%.
Otisville's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Otisville were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1958|
|Median Value of occupied units||$79,300|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$463|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.9%|