Caledonia, MN Real Estate
According to census data in the year 2000 there were 1,291 housing units in Caledonia.
This represents a 8.6% growth from 1,189 in 1990.
Of those housing units, 1,237 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in Caledonia is about 73.7%.
Caledonia's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Caledonia were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.10% |
| Two Bedrooms | 24.60% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $73,400 |
| Median Price asked for vacant units | $129,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $194 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 41.10% |
| Debt Free | 48.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
