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Palmer, MI Real Estate


According to census data in the year 2000 there were 202 housing units in Palmer.

Of those housing units, none were located in either urbanized areas or urban clusters, and 202 were located in what is classified as a rural area.

Homeownership rate in Palmer is about 84.9%. Palmer's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Palmer were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7.40%
Two Bedrooms38.10%
Three Bedrooms41.10%
Four Bedrooms12.40%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1944
Median Value of occupied units$38,200
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1955
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.90%
Simple Mortgage50.70%
Debt Free46.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.3%