Sanford, MI Real Estate
According to census data in the year 2000 there were 415 housing units in Sanford.
This represents a 10.4% growth from 376 in 1990.
Of those housing units, 369 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Sanford is about 80.3%.
Sanford's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Sanford were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 9.20% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $97,400 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 50.20% |
| Debt Free | 38.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
