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Ivanhoe, MN Real Estate


According to census data in the year 2000 there were 341 housing units in Ivanhoe. This represents a 0.6% decline from 343 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 341 were located in what is classified as a rural area.

Homeownership rate in Ivanhoe is about 74.1%. Ivanhoe's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.01 people.

The majority of houses, apartments or condos in Ivanhoe were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom16.40%
Two Bedrooms29%
Three Bedrooms32.30%
Four Bedrooms19.10%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1954
Median Value of occupied units$39,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size1.27
Median year structure was built1974
Median Monthly Rent asked for vacant units$185

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan1%
Simple Mortgage38.10%
Debt Free58.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%