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Karlstad, MN Real Estate


According to census data in the year 2000 there were 384 housing units in Karlstad. This represents a 1.1% growth from 380 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 384 were located in what is classified as a rural area.

Homeownership rate in Karlstad is about 66.3%. Karlstad's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Karlstad were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom18.20%
Two Bedrooms38.80%
Three Bedrooms31.30%
Four Bedrooms8.30%
Five Bedrooms or more3.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1961
Median Value of occupied units$47,300
Median Price asked for vacant units$10,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1972
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.70%
Home Equity Loan1.70%
Simple Mortgage35%
Debt Free61.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%