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Hanley Falls, MN Real Estate


According to census data in the year 2000 there were 121 housing units in Hanley Falls. This represents a 1.6% decline from 123 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 121 were located in what is classified as a rural area.

Homeownership rate in Hanley Falls is about 75%. Hanley Falls's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.89 people.

The majority of houses, apartments or condos in Hanley Falls were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom28.10%
Two Bedrooms24.80%
Three Bedrooms32.20%
Four Bedrooms13.20%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1943
Median Value of occupied units$29,000
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1949
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.70%
Simple Mortgage44%
Debt Free53.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%