Pewamo, MI Real Estate

According to census data in the year 2000 there were 203 housing units in Pewamo. This represents a 5.2% growth from 193 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.

Homeownership rate in Pewamo is about 82.8%. Pewamo's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Pewamo were built after 1944.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.30%
Two Bedrooms19.70%
Three Bedrooms47.80%
Four Bedrooms13.80%
Five Bedrooms or more7.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.2
Median year structure was built1942
Median Value of occupied units$87,300
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.53
Median year structure was built1981
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan7.60%
Simple Mortgage45.20%
Debt Free45.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%