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Detroit Lakes, MN Housing

 
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As of 2010-2014, median price of a house in Detroit Lakes is $161,100, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The Detroit Lakes median house value has grown by 93.17% since 2000. The growth rate for the price of a house in Detroit Lakes is much higher than the state average rate of 51.31% and is much higher than the national average rate of 46.91%. The median year that a house in Detroit Lakes was built is 1972, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,443 Owner Occupied Houses in Detroit Lakes, MN, #201
Detroit Lakes, MN
161,100 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #130
Detroit Lakes, MN
93.17%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Detroit Lakes, MNMinnesotaU.S.
Total Housing Units4,692, see rank, 100%2,364,149132,741,033
Occupied Housing Units3,980, 84.83%, see rank89.48%87.55%
Owner Occupied2,443, 52.07%, see rank64.51%56.34%
Renter Occupied1,537, 32.76%, see rank24.96%31.21%
Vacant Housing Units712, 15.17%, see rank10.52%12.45%
For Rent101, 2.15%, see rank1.22%2.34%
For Sale Only27, 0.58%, see rank0.96%1.20%
Rented or Sold, Not Occupied60, 1.28%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use389, 8.29%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant135, 2.88%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #326
Detroit Lakes, MNMinnesotaU.S.
197219751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Detroit Lakes, MN%MinnesotaU.S.
Owner-Occupied Units2,443100%1,525,20174,787,460
With a Mortgage1,53562.83%, see rank68.78%65.58%
Without a Mortgage90837.17%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Detroit Lakes, MN
1,296 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsDetroit Lakes, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $499513.32%, see rank1.30%1.59%
$500 to $699785.08%, see rank4.08%5.01%
$700 to $99934122.21%, see rank12.50%14.32%
$1,000 to $1,49951233.36%, see rank30.43%27.90%
$1,500 to $1,99924015.64%, see rank25.36%20.35%
$2,000 to $2,99921313.88%, see rank19.32%19.52%
$3,000 or More1006.51%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Detroit Lakes, MN
22.50% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Detroit Lakes, MN%MinnesotaU.S.
10% or Less1489.64%, see rank6.13%5.86%
10% to 20%52734.33%, see rank35.03%31.95%
20% to 30%39025.41%, see rank30.01%27.64%
30% to 40%1026.64%, see rank12.88%13.74%
40% or More36823.97%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Detroit Lakes, MN
355 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsDetroit Lakes, MN%MinnesotaU.S.
$199 or Less909.91%, see rank4.45%7.76%
$200 to $29922324.56%, see rank10.96%14.70%
$300 to $49932135.35%, see rank39.99%34.63%
$500 to $69920522.58%, see rank27.38%21.16%
$700 or More697.60%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Detroit Lakes, MN
14.00% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Detroit Lakes, MN%MinnesotaU.S.
10% or Less31034.14%, see rank43.57%40.19%
10% to 20%31434.58%, see rank31.28%31.47%
20% to 30%16518.17%, see rank11.58%12.24%
30% to 40%374.07%, see rank5.05%5.64%
40% or More748.15%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Detroit Lakes, MNMinnesotaU.S.
Total Housing Units4,692, 100%2,364,149132,741,033
1-unit, Detached2,911, 62.04%, see rank67.25%61.65%
1-unit, Attached256, 5.46%, see rank7.45%5.82%
2 Units83, 1.77%, see rank2.34%3.75%
3 or 4 Units59, 1.26%, see rank2.08%4.43%
5 to 9 Units299, 6.37%, see rank2.23%4.78%
10 or More Units926, 19.74%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.158, 3.37%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Detroit Lakes, MNMinnesotaU.S.
Total Housing Units4,692, 100%2,364,149132,741,033
1 Room15, 0.32%, see rank1.54%1.95%
2 Rooms266, 5.67%, see rank2.83%2.48%
3 Rooms591, 12.60%, see rank9.20%9.13%
4 Rooms900, 19.18%, see rank14.05%16.60%
5 Rooms833, 17.75%, see rank15.52%20.41%
6 Rooms609, 12.98%, see rank14.98%18.06%
7 Rooms364, 7.76%, see rank12.86%12.27%
8 Rooms298, 6.35%, see rank11.01%8.48%
9 Rooms or More816, 17.39%, see rank18.01%10.60%
Median Rooms5.20, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Detroit Lakes, MNMinnesotaU.S.
Total Housing Units4,692, 100%2,364,149132,741,033
No Bedroom15, 0.32%, see rank1.76%2.17%
1 Bedroom897, 19.12%, see rank11.71%11.16%
2 Bedrooms1,429, 30.46%, see rank26.64%26.69%
3 Bedrooms1,478, 31.50%, see rank34.15%39.70%
4 Bedrooms646, 13.77%, see rank19.81%16.05%
5 or More Bedrooms227, 4.84%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Detroit Lakes, MNMinnesotaU.S.
Total Housing Units3,980, 100%2,115,337116,211,092
Utility Gas2,279, 57.26%, see rank66.78%48.85%
Bottled, Tank, or LP Gas147, 3.69%, see rank10.05%4.86%
Electricity1,331, 33.44%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.84, 2.11%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood48, 1.21%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel42, 1.06%, see rank1.17%0.47%
No Fuel Used49, 1.23%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalDetroit Lakes, MNMinnesotaU.S.
Occupied Units Paying Rent1,481, 100%562,19839,201,928
$199 or Less69, 4.66%, see rank2.46%1.50%
$200 to $299155, 10.47%, see rank4.66%3.18%
$300 to $499178, 12.02%, see rank9.32%7.37%
$500 to $699367, 24.78%, see rank17.06%16.01%
$700 to $999448, 30.25%, see rank33.30%29.17%
$1,000 to $1,499177, 11.95%, see rank23.49%26.88%
$1,500 to $1,99950, 3.38%, see rank7.02%9.79%
$2,000 or More37, 2.50%, see rank2.69%6.10%
Median$691, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Detroit Lakes, MNMinnesotaU.S.
Occupied Housing Units3,980, 100%2,115,337116,211,092
No Vehicles Available474, 11.91%, see rank7.25%9.12%
1 Vehicles Available1,512, 37.99%, see rank30.11%33.80%
2 Vehicles Available1,440, 36.18%, see rank40.67%37.48%
3 or More Vehicles Available554, 13.92%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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