Lima, MT Real Estate
According to census data in the year 2000 there were 159 housing units in Lima.
This represents a 6.5% decline from 170 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 159 were located in what is classified as a rural area.
Homeownership rate in Lima is about 77.6%.
Lima's vacancy rate, including seasonal lodging, is about 32.7%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Lima were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.30% |
| Two Bedrooms | 40.30% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 4.40% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $64,700 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.58 |
| Median year structure was built | 1948 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 56.60% |
| Debt Free | 34% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.1% |
