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Mustang, OK Real Estate


According to census data in the year 2000 there were 4,929 housing units in Mustang. This represents a 30.3% growth from 3,783 in 1990.

Of those housing units, 4,766 were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.

Homeownership rate in Mustang is about 77.6%. Mustang's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Mustang were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom4.90%
Two Bedrooms14.10%
Three Bedrooms66.50%
Four Bedrooms13.10%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1982
Median Value of occupied units$82,900
Median Price asked for vacant units$96,000

Rented Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1982
Median Monthly Rent asked for vacant units$607

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.60%
Home Equity Loan7%
Simple Mortgage66.60%
Debt Free17.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%