Adrian, MN Real Estate
According to census data in the year 2000 there were 529 housing units in Adrian.
This represents a 2.7% growth from 515 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 529 were located in what is classified as a rural area.
Homeownership rate in Adrian is about 87.1%.
Adrian's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Adrian were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.70% |
| Two Bedrooms | 34% |
| Three Bedrooms | 39.50% |
| Four Bedrooms | 19.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $57,900 |
| Median Price asked for vacant units | $29,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 43.70% |
| Debt Free | 51.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
