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Okabena, MN Real Estate


According to census data in the year 2000 there were 88 housing units in Okabena. This represents a 9.3% decline from 97 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.

Homeownership rate in Okabena is about 97.4%. Okabena's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.57 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type4.50%
One Bedroom6.80%
Two Bedrooms20.50%
Three Bedrooms37.50%
Four Bedrooms20.50%
Five Bedrooms or more10.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1939
Median Value of occupied units$27,300
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage43.80%
Debt Free56.20%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%