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Vermontville, MI Real Estate


According to census data in the year 2000 there were 312 housing units in Vermontville. This represents a 7.6% growth from 290 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 312 were located in what is classified as a rural area.

Homeownership rate in Vermontville is about 80.9%. Vermontville's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Vermontville were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.10%
Two Bedrooms27.60%
Three Bedrooms46.20%
Four Bedrooms12.80%
Five Bedrooms or more6.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1939
Median Value of occupied units$77,300
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1953
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage2.30%
Home Equity Loan4.50%
Simple Mortgage62.70%
Debt Free29.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%