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 Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 30.80% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $98,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.83 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 25% |
| Home Equity Loan | 7.40% |
| Simple Mortgage | 35.30% |
| Debt Free | 32.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
