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Elsie, MI Housing

 
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As of 2010-2014, median price of a house in Elsie is $87,000, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The Elsie median house value has grown by 12.11% since 2000. The growth rate for the price of a house in Elsie is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Elsie was built is 1943, which is older than the median year for a house built in the state which is 1969 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 279 Owner Occupied Houses in Elsie, MI, #351
Elsie, MI
87,000 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #240
Elsie, MI
12.11%
Michigan
3.98%
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

 Elsie, MIMichiganU.S.
Total Housing Units413, see rank, 100%4,532,719132,741,033
Occupied Housing Units376, 91.04%, see rank84.45%87.55%
Owner Occupied279, 67.55%, see rank60.41%56.34%
Renter Occupied97, 23.49%, see rank24.04%31.21%
Vacant Housing Units37, 8.96%, see rank15.55%12.45%
For Rent8, 1.94%, see rank1.84%2.34%
For Sale Only0, 0.00%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant29, 7.02%, see rank4.96%4.00%

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

Year Structure Built

Median Built Year, #623
Elsie, MIMichiganU.S.
194319691976

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

 Elsie, MI%MichiganU.S.
Owner-Occupied Units279100%2,738,01274,787,460
With a Mortgage15455.20%, see rank63.63%65.58%
Without a Mortgage12544.80%, see rank36.37%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
Elsie, MI
917 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsElsie, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $49900.00%, see rank1.88%1.59%
$500 to $6993019.48%, see rank6.65%5.01%
$700 to $9996743.51%, see rank19.56%14.32%
$1,000 to $1,4995032.47%, see rank34.69%27.90%
$1,500 to $1,99921.30%, see rank20.06%20.35%
$2,000 to $2,99953.25%, see rank12.84%19.52%
$3,000 or More00.00%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elsie, MI
26.70% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elsie, MI%MichiganU.S.
10% or Less53.25%, see rank5.90%5.86%
10% to 20%5636.36%, see rank35.28%31.95%
20% to 30%2415.58%, see rank27.51%27.64%
30% to 40%4529.22%, see rank12.63%13.74%
40% or More2415.58%, see rank18.20%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
Elsie, MI
364 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsElsie, MI%MichiganU.S.
$199 or Less2217.60%, see rank4.74%7.76%
$200 to $299129.60%, see rank12.46%14.70%
$300 to $4997056.00%, see rank40.41%34.63%
$500 to $6991814.40%, see rank25.95%21.16%
$700 or More32.40%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elsie, MI
11.40% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elsie, MI%MichiganU.S.
10% or Less5140.80%, see rank35.33%40.19%
10% to 20%6048.00%, see rank33.76%31.47%
20% to 30%64.80%, see rank13.39%12.24%
30% to 40%32.40%, see rank6.18%5.64%
40% or More54.00%, see rank9.99%9.16%

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

Units in Structure

 Elsie, MIMichiganU.S.
Total Housing Units413, 100%4,532,719132,741,033
1-unit, Detached339, 82.08%, see rank71.97%61.65%
1-unit, Attached5, 1.21%, see rank4.66%5.82%
2 Units14, 3.39%, see rank2.58%3.75%
3 or 4 Units17, 4.12%, see rank2.56%4.43%
5 to 9 Units3, 0.73%, see rank4.20%4.78%
10 or More Units11, 2.66%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.24, 5.81%, see rank5.45%6.49%

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

Rooms

 Elsie, MIMichiganU.S.
Total Housing Units413, 100%4,532,719132,741,033
1 Room8, 1.94%, see rank1.24%1.95%
2 Rooms3, 0.73%, see rank1.78%2.48%
3 Rooms29, 7.02%, see rank7.14%9.13%
4 Rooms40, 9.69%, see rank14.38%16.60%
5 Rooms99, 23.97%, see rank21.00%20.41%
6 Rooms71, 17.19%, see rank20.07%18.06%
7 Rooms76, 18.40%, see rank13.45%12.27%
8 Rooms52, 12.59%, see rank9.27%8.48%
9 Rooms or More35, 8.47%, see rank11.67%10.60%
Median Rooms5.90, see rank5.705.50

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

Bedrooms

 Elsie, MIMichiganU.S.
Total Housing Units413, 100%4,532,719132,741,033
No Bedroom8, 1.94%, see rank1.35%2.17%
1 Bedroom33, 7.99%, see rank9.11%11.16%
2 Bedrooms117, 28.33%, see rank26.33%26.69%
3 Bedrooms197, 47.70%, see rank43.93%39.70%
4 Bedrooms42, 10.17%, see rank15.80%16.05%
5 or More Bedrooms16, 3.87%, see rank3.47%4.22%

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

House Heating Fuel

 Elsie, MIMichiganU.S.
Total Housing Units376, 100%3,827,880116,211,092
Utility Gas332, 88.30%, see rank77.13%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank8.48%4.86%
Electricity26, 6.91%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood11, 2.93%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel5, 1.33%, see rank0.86%0.47%
No Fuel Used2, 0.53%, see rank0.39%1.00%

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

Gross Rent

Monthly RentalElsie, MIMichiganU.S.
Occupied Units Paying Rent93, 100%1,028,83539,201,928
$199 or Less5, 5.38%, see rank1.86%1.50%
$200 to $2995, 5.38%, see rank3.88%3.18%
$300 to $49910, 10.75%, see rank9.32%7.37%
$500 to $69946, 49.46%, see rank23.63%16.01%
$700 to $99918, 19.35%, see rank35.23%29.17%
$1,000 to $1,4999, 9.68%, see rank20.17%26.88%
$1,500 to $1,9990, 0.00%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$618, see rank$780$920

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

Vehicle Available

 Elsie, MIMichiganU.S.
Occupied Housing Units376, 100%3,827,880116,211,092
No Vehicles Available20, 5.32%, see rank7.97%9.12%
1 Vehicles Available144, 38.30%, see rank35.06%33.80%
2 Vehicles Available151, 40.16%, see rank38.45%37.48%
3 or More Vehicles Available61, 16.22%, see rank18.52%19.61%

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


 
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