Apple Valley, MN Real Estate
According to census data in the year 2000 there were 16,536 housing units in Apple Valley.
This represents a 43.3% growth from 11,538 in 1990.
Of those housing units, 16,168 were located in either urbanized areas or urban clusters, and 368 were located in what is classified as a rural area.
Homeownership rate in Apple Valley is about 87.9%.
Apple Valley's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Apple Valley were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 6.30% |
| Two Bedrooms | 22.40% |
| Three Bedrooms | 34.10% |
| Four Bedrooms | 28% |
| Five Bedrooms or more | 8.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $154,300 |
| Median Price asked for vacant units | $287,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $892 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 12.50% |
| Home Equity Loan | 16.60% |
| Simple Mortgage | 60.50% |
| Debt Free | 9.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
