Lee township-Norman County Minnesota Area Home Supply Charts

This page looks at a variety of Lee township-Norman County Minnesota housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Lee township-Norman County shows it has a housing units of 62 which is in the middle range of other places in the local area.

Figure 2 illustrates the housing density in the Lee township-Norman County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Lee township-Norman County shows it has a housing density of 1.6 which is the smallest in order of housing density of all the other places in the metro area. The city with the highest housing density in the area is Halstad which depicts a density of 1,133.1 ( substantially bigger). Comparing housing density to the United States average of 38.6, Lee township-Norman County is only about 4.1% the size. Also, in contrast to the state of Minnesota, housing density of 30.4, Lee township-Norman County is only about 5.2% the size.

In Figure 4, Lee township-Norman County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Lee township-Norman County depicts it has a change in the housing units of 3.3% which is in the center range of other places in the local area. The city with the highest change in the housing units in the area is Halstad which depicts a housing units of 14.1% (approximately 4.2 times bigger). Comparing change in the housing units to the United States average of 4.9%, Lee township-Norman County is approximately three-fourths the size. Also, in comparison with the state of Minnesota, change in the housing units of 3.1%, Lee township-Norman County is 6.8% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Lee township-Norman County depicts it has a renter percent of 5.2% which is in the middle range of other places in the metropolitan area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 94.8% which is in the center range of other places in the metropolitan area.

Lee township-Norman County Minnesota Home Cost Charts

Looking at the housing data provided in Figure 7, the average Lee township-Norman County home price is illustrated for this community and a useful analysis of affordable housing. Lee township-Norman County shows it has a median home price of $121,100 which is the second most median home prices of all the places in the greater Lee township-Norman County region. The city with the highest median home price in the area is Grandin which shows a home price of $131,300 (8.4% larger).

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Lee township-Norman County has the percentage of home price worth between $50,000 to $100,000 the second smallest in terms of home price worth less than $50,000 of all the other places in the greater region at 25% of the total. Second, it has one of the largest proportions of home price worth between $100,000 to $200,000 at 42% of the total and is ranked #3. Only #2 Halstad (45%), and #1 Grandin (55%) are larger. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 15% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $400,000 to $500,000 at 2% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 2% of the total and is ranked #1. Furthermore, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 2% of the total and is ranked #1. Next it has the largest proportion of home price worth $2,000,000 or more at 2% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Lee township-Norman County depicts it has a median ownership cost of $850 which is the second most median ownership cost of all the places in the greater Lee township-Norman County region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Lee township-Norman County metro area. it has a cost as a percent of household income of 14% which is the smallest when sorted by cost as a percent of household income of all the other places in the metropolitan area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Lee township-Norman County depicts it has a median home value as a percent of median worker earnings of 342% which is is the uppermost of the places in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Lee township-Norman County depicts it has a median housing cost of $1,014 which is the second smallest in terms of median housing cost of all the other places in the local area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a median housing cost of $629 which is the highest of all places in the greater Lee township-Norman County region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Lee township-Norman County has the percentage of owner cost less than $300 less than most other places in the area at 4% of the total. Second, it has less than most other places in the greater region when sorted by owner cost between $500 and $700 at 18% of the total. Third, it has the largest proportion of owner cost between $700 and $1,000 at 31% of the total and is ranked #1. Also, it has the smallest proportion of owner cost between $1,500 and $2,000 at 2% of the total. In addition, it has the largest proportion of owner cost between $2,500 and $3,000 at 4% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Lee township-Norman County shows it has a cost as a percent of household income of 20% which is the second smallest when sorted by cost as a percent of household income of all the other places in the surrounding region. The city with the highest cost as a percent of household income in the area is Gardner which indicates a cost as a percent of household income of 28% (41.0% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Lee township-Norman County depicts it has a cost as a percent of household income of 12% which is less than most other places in the local area. The city with the highest cost as a percent of household income in the area is Perley which depicts a cost as a percent of household income of 17% (36.8% larger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Lee township-Norman County has the largest proportion of housing cost between $700 and $1,000 at 29% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $1,500 and $2,000 at 2% of the total. Third, it has the largest proportion of housing cost between $2,500 and $3,000 at 3% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $1,067 which is less than most other places in the metro area. The city with the highest median real estate taxes paid in the area is Hendrum which depicts a taxes paid of $1,399 (31.1% larger). Comparing median real estate taxes paid to the United States average of $2,375, Lee township-Norman County is approximately half the size. Also, compared to the state of Minnesota, median real estate taxes paid of $2,388, Lee township-Norman County is approximately half the size.

Figure 22 shows the percentage of renters who pay for utilities in Lee township-Norman County Minnesota. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Lee township-Norman County has the largest proportion of pay extra for utilities at 100% of the total and is ranked #1.

Lee township-Norman County Minnesota Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Lee township-Norman County has one of the largest proportions of no mortgage at 55% of the total and is ranked #3. Only #2 Perley (56%), and #1 Hendrum (56%) are larger.

Lee township-Norman County Minnesota Home Characteristics Charts

The next section of charts provide a wide range of metrics related to the housing market physical characteristics which can be useful for a real estate investor. Figure 27 looks at the number of people living in a typical house in the real estate market starting with the average household size (families and non families). Lee township-Norman County has the smallest proportion of housing density at 1.8 of the total. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.1 which is the smallest in order of family members per housing unit of all the other places in the greater region. The city with the highest family members per housing unit in the area is Georgetown which shows a family members per housing unit of 3.7 (71.4% larger). Comparing family members per housing unit to the United States average of 3.3, Lee township-Norman County is approximately three-fourths the size. Also, compared with the state of Minnesota, family members per housing unit of 3.1, Lee township-Norman County is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 6.4 which is the third most average number of rooms in a house of all other places in the greater Lee township-Norman County region. The city with the highest average number of rooms in a house in the area is Gardner which shows an average number of rooms in a house of 6.9 (7.8% larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 2000 to 2009 less than most other places in the local area at 3% of the total. Second, it has the largest proportion of homes built between 1980 to 1989 at 16% of the total and is ranked #1. Third, it has the second smallest when ranked by homes built in 2014 or later of all the other places in the local area in order of homes built between 1970 to 1979 at 6% of the total. Also, it has the smallest proportion of homes built between 1940 to 1949 at 2% of the total. In addition, it has the largest proportion of homes built between 1939 or earlier at 52% of the total and is ranked #1.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid point range of other places in the surrounding region at 55 of the total. Second, it has in the mid range of other places in the metro area when sorted by renter housing units at 3 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit detached at 97% of the total and is ranked #1. Second, it has the smallest proportion of mobile home at 3% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 1980 to 1989 at $300,000 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 1939 or earlier at $108,000 of the total and is ranked #2. The only larger city being Grandin with $118,800.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 94% of the total and is ranked #3. Only #2 Grandin (100%), and #1 Gardner (100%) are larger. Second, it has less than most other places in the local area in order of vacant housing units at 6% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Lee township-Norman County residents. it has a homeowner household size of 1.9 which is the smallest in terms of homeowner household size of all the other places in the metropolitan area. The city with the highest homeowner household size in the area is Grandin which depicts a homeowner household size of 2.9 (55.6% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2010 to 2014 the second smallest in terms of owners moved in 2017 or later of all the other places in the metropolitan area at 9% of the total. Second, it has the smallest proportion of owners moved in 1990 to 1999 at 9% of the total. Third, it has the largest proportion of owners moved in 1989 or earlier at 40% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Lee township-Norman County has one of the largest proportions of renters moved in 2015 to 2016 at 33% of the total and is ranked #2. The only larger city being Hendrum with 77%. Second, it has the largest proportion of renters moved in 2000 to 2009 at 67% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1995 which is the smallest as measured by median year that a home owner moved in of all the other places in the metro area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of home using bottled, tank, or lp gas at 53% of the total and is ranked #2. The only larger city being Georgetown with 58%. Second, it has less than most other places in the area in order of homes using kerosene or other fuel oils at 9% of the total.