Great Falls, MT Real Estate
According to census data in the year 2000 there were 25,253 housing units in Great Falls.
This represents a 4.5% growth from 24,157 in 1990.
Of those housing units, 25,239 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.
Homeownership rate in Great Falls is about 63.1%.
Great Falls's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Great Falls were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 15% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 29.50% |
| Four Bedrooms | 15.90% |
| Five Bedrooms or more | 5.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $92,000 |
| Median Price asked for vacant units | $69,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $352 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 53.80% |
| Debt Free | 30.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
