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Olmsted County Housing

 
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As of 2010-2014, median price of a house in Olmsted County is $171,200, which is lower than the state average of $185,200 and is about the same as the national average of $175,700. The Olmsted County median house value has grown by 46.32% since 2000. The growth rate for the price of a house in Olmsted County is lower than the state average rate of 51.31% and is about the same as the national average rate of 46.91%. The median year that a house in Olmsted County was built is 1981, which is newer than the median year for a house built in the state which is 1975 and is newer 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 42,723 Owner Occupied Houses in Olmsted County, #20
Olmsted County
171,200 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #78
Olmsted County
46.32%
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

 Olmsted CountyMinnesotaU.S.
Total Housing Units61,135, see rank, 100%2,364,149132,741,033
Occupied Housing Units57,799, 94.54%, see rank89.48%87.55%
Owner Occupied42,723, 69.88%, see rank64.51%56.34%
Renter Occupied15,076, 24.66%, see rank24.96%31.21%
Vacant Housing Units3,336, 5.46%, see rank10.52%12.45%
For Rent1,030, 1.68%, see rank1.22%2.34%
For Sale Only402, 0.66%, see rank0.96%1.20%
Rented or Sold, Not Occupied522, 0.85%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use351, 0.57%, see rank5.29%3.97%
For Migrant Workers23, 0.04%, see rank0.01%0.03%
Other Vacant1,008, 1.65%, see rank2.36%4.00%

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

Year Structure Built

Median Built Year, #11
Olmsted CountyMinnesotaU.S.
198119751976

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

 Olmsted County%MinnesotaU.S.
Owner-Occupied Units42,723100%1,525,20174,787,460
With a Mortgage30,18270.65%, see rank68.78%65.58%
Without a Mortgage12,54129.35%, 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
Olmsted County
1,444 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOlmsted County%MinnesotaU.S.
$299 or Less820.27%, see rank0.18%0.20%
$300 to $4994351.44%, see rank1.30%1.59%
$500 to $6991,2674.20%, see rank4.08%5.01%
$700 to $9993,94913.08%, see rank12.50%14.32%
$1,000 to $1,49910,45934.65%, see rank30.43%27.90%
$1,500 to $1,9997,23423.97%, see rank25.36%20.35%
$2,000 to $2,9994,87416.15%, see rank19.32%19.52%
$3,000 or More1,8826.24%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Olmsted County
20.80% 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
 Olmsted County%MinnesotaU.S.
10% or Less2,4848.23%, see rank6.13%5.86%
10% to 20%11,65938.63%, see rank35.03%31.95%
20% to 30%9,05229.99%, see rank30.01%27.64%
30% to 40%3,52711.69%, see rank12.88%13.74%
40% or More3,41011.30%, 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
Olmsted County
478 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOlmsted County%MinnesotaU.S.
$199 or Less5614.47%, see rank4.45%7.76%
$200 to $2999077.23%, see rank10.96%14.70%
$300 to $4995,42243.23%, see rank39.99%34.63%
$500 to $6993,41327.21%, see rank27.38%21.16%
$700 or More2,23817.85%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Olmsted County
10.00% 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
 Olmsted County%MinnesotaU.S.
10% or Less6,40951.10%, see rank43.57%40.19%
10% to 20%3,57828.53%, see rank31.28%31.47%
20% to 30%1,2109.65%, see rank11.58%12.24%
30% to 40%5274.20%, see rank5.05%5.64%
40% or More6905.50%, 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

 Olmsted CountyMinnesotaU.S.
Total Housing Units61,135, 100%2,364,149132,741,033
1-unit, Detached41,268, 67.50%, see rank67.25%61.65%
1-unit, Attached4,531, 7.41%, see rank7.45%5.82%
2 Units1,176, 1.92%, see rank2.34%3.75%
3 or 4 Units2,209, 3.61%, see rank2.08%4.43%
5 to 9 Units1,791, 2.93%, see rank2.23%4.78%
10 or More Units8,065, 13.19%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.2,095, 3.43%, see rank3.52%6.49%

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

Rooms

 Olmsted CountyMinnesotaU.S.
Total Housing Units61,135, 100%2,364,149132,741,033
1 Room565, 0.92%, see rank1.54%1.95%
2 Rooms1,255, 2.05%, see rank2.83%2.48%
3 Rooms5,309, 8.68%, see rank9.20%9.13%
4 Rooms7,809, 12.77%, see rank14.05%16.60%
5 Rooms7,682, 12.57%, see rank15.52%20.41%
6 Rooms8,412, 13.76%, see rank14.98%18.06%
7 Rooms8,543, 13.97%, see rank12.86%12.27%
8 Rooms7,853, 12.85%, see rank11.01%8.48%
9 Rooms or More13,707, 22.42%, see rank18.01%10.60%
Median Rooms6.40, see rank6.005.50

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

Bedrooms

 Olmsted CountyMinnesotaU.S.
Total Housing Units61,135, 100%2,364,149132,741,033
No Bedroom687, 1.12%, see rank1.76%2.17%
1 Bedroom5,764, 9.43%, see rank11.71%11.16%
2 Bedrooms14,989, 24.52%, see rank26.64%26.69%
3 Bedrooms19,515, 31.92%, see rank34.15%39.70%
4 Bedrooms15,798, 25.84%, see rank19.81%16.05%
5 or More Bedrooms4,382, 7.17%, see rank5.94%4.22%

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

House Heating Fuel

 Olmsted CountyMinnesotaU.S.
Total Housing Units57,799, 100%2,115,337116,211,092
Utility Gas42,936, 74.29%, see rank66.78%48.85%
Bottled, Tank, or LP Gas4,725, 8.17%, see rank10.05%4.86%
Electricity8,188, 14.17%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.347, 0.60%, see rank2.62%5.86%
Coal or Coke15, 0.03%, see rank0.03%0.12%
Wood669, 1.16%, see rank2.55%2.12%
Solar Energy17, 0.03%, see rank0.02%0.05%
Other Fuel561, 0.97%, see rank1.17%0.47%
No Fuel Used341, 0.59%, see rank0.65%1.00%

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

Gross Rent

Monthly RentalOlmsted CountyMinnesotaU.S.
Occupied Units Paying Rent14,499, 100%562,19839,201,928
$199 or Less343, 2.37%, see rank2.46%1.50%
$200 to $299658, 4.54%, see rank4.66%3.18%
$300 to $499839, 5.79%, see rank9.32%7.37%
$500 to $6992,962, 20.43%, see rank17.06%16.01%
$700 to $9995,186, 35.77%, see rank33.30%29.17%
$1,000 to $1,4993,197, 22.05%, see rank23.49%26.88%
$1,500 to $1,999911, 6.28%, see rank7.02%9.79%
$2,000 or More403, 2.78%, see rank2.69%6.10%
Median$808, see rank$835$920

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

Vehicle Available

 Olmsted CountyMinnesotaU.S.
Occupied Housing Units57,799, 100%2,115,337116,211,092
No Vehicles Available3,645, 6.31%, see rank7.25%9.12%
1 Vehicles Available18,116, 31.34%, see rank30.11%33.80%
2 Vehicles Available24,492, 42.37%, see rank40.67%37.48%
3 or More Vehicles Available11,546, 19.98%, see rank21.97%19.61%

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


 
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