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Merrill, OR Real Estate


According to census data in the year 2000 there were 375 housing units in Merrill. This represents a 2.2% growth from 367 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 375 were located in what is classified as a rural area.

Homeownership rate in Merrill is about 68.2%. Merrill's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Merrill were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type5.60%
One Bedroom16.80%
Two Bedrooms31.70%
Three Bedrooms36%
Four Bedrooms9.10%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1957
Median Value of occupied units$62,400
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1972
Median Monthly Rent asked for vacant units$244

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan6.20%
Simple Mortgage52.20%
Debt Free38.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%