Preston, MN Real Estate
According to census data in the year 2000 there were 618 housing units in Preston.
This represents a 0.8% growth from 613 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 618 were located in what is classified as a rural area.
Homeownership rate in Preston is about 79.2%.
Preston's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Preston were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 8.60% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 23.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $72,900 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 39% |
| Debt Free | 52.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
