Lakefield, MN Real Estate
According to census data in the year 2000 there were 782 housing units in Lakefield.
This represents a 0.9% growth from 775 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 782 were located in what is classified as a rural area.
Homeownership rate in Lakefield is about 84.2%.
Lakefield's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Lakefield were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 45.70% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $44,600 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $213 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 4% |
| Simple Mortgage | 41.10% |
| Debt Free | 50.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
