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Nerstrand, MN Real Estate


According to census data in the year 2000 there were 78 housing units in Nerstrand. This represents a 7.1% decline from 84 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 78 were located in what is classified as a rural area.

Homeownership rate in Nerstrand is about 92.3%. Average household size is 3.03 people.

The majority of houses, apartments or condos in Nerstrand were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms29.50%
Three Bedrooms33.30%
Four Bedrooms30.80%
Five Bedrooms or more6.40%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1939
Median Value of occupied units$98,500

Rented Homes, Apartments and Condos

Average Household Size3.83
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage25%
Home Equity Loan7.40%
Simple Mortgage35.30%
Debt Free32.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%