Mendota Heights, MN Real Estate
According to census data in the year 2000 there were 4,243 housing units in Mendota Heights.
This represents a 24.4% growth from 3,410 in 1990.
Of those housing units, 4,243 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mendota Heights is about 92.4%.
Mendota Heights's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Mendota Heights were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 4.20% |
| Two Bedrooms | 22.30% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 32.20% |
| Five Bedrooms or more | 7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $209,000 |
| Median Price asked for vacant units | $337,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.54 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 13.40% |
| Simple Mortgage | 52.10% |
| Debt Free | 25.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
