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Gracemont, OK Real Estate


According to census data in the year 2000 there were 159 housing units in Gracemont. This represents a 9.1% decline from 175 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 Gracemont is about 67.6%. Gracemont's vacancy rate, including seasonal lodging, is about 14.5%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Gracemont were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom9.40%
Two Bedrooms29.60%
Three Bedrooms50.30%
Four Bedrooms6.30%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1967
Median Value of occupied units$39,700
Median Price asked for vacant units$20,000

Rented Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1966
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.30%
Simple Mortgage31.40%
Debt Free66.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15%