Posen, MI Real Estate
According to census data in the year 2000 there were 138 housing units in Posen.
This represents a 9.5% growth from 126 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.
Homeownership rate in Posen is about 72.6%.
Posen's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Posen were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 15.90% |
| Two Bedrooms | 23.20% |
| Three Bedrooms | 42% |
| Four Bedrooms | 17.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $69,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 58.50% |
| Debt Free | 35.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
