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Medicine Lake, MT Real Estate


According to census data in the year 2000 there were 173 housing units in Medicine Lake. This represents a 12.6% decline from 198 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 173 were located in what is classified as a rural area.

Homeownership rate in Medicine Lake is about 71.8%. Medicine Lake's vacancy rate, including seasonal lodging, is about 24.3%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Medicine Lake were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.20%
Two Bedrooms30.60%
Three Bedrooms40.50%
Four Bedrooms16.20%
Five Bedrooms or more3.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1952
Median Value of occupied units$25,500
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1946
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan3.20%
Simple Mortgage29%
Debt Free67.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15%