Laserfiche WebLink
HOUSING CHARACTERISTICS <br /> • Over one-third of the owner-occupied housing stock in Elk River is estimated to be valued <br /> between $200,000 and $299,999 (35.5%). <br /> • The median and average owner-occupied home in Elk River is $233,000 and $259,496, <br /> respectively. Consequently, these figures could be lower in 2012 due to the Great <br /> Recession and real estate market bust. <br /> • Only 12% of the Elk River's home values are valued under $150,000. However, based on <br /> recent home sale activity, this percentage has likely increased. <br /> TABLE HC-6 <br /> UNITS BY VALUE <br /> ELK RIVER <br /> 2010(5-Year Estimate) <br /> Home Value Pct. Pct. <br /> Less than $50,000 76 1.1 <br /> $50,000-$99,999 161 2.4 <br /> $100,000-$149,999 585 8.8 <br /> $150,000-$199,999 1,514 22.8 <br /> $200,000-$299,999 2,364 35.5 <br /> $3000,000-$499,999 1,743 26.2 <br /> Greater than $500,000 210 3.2 <br /> Total 6,653 100.0 <br /> Median Home Value $233,200 <br /> Average Home Value $259,496 <br /> Sources: U.S.Census Bureau-2010 ACS; <br /> Maxfield Research Inc. <br /> Owner-Occupied Units by Value <br /> Elk River-2010 ACS(5-Year) <br /> 2,500 <br /> 2,000 2,364 <br /> c 1,500 1,743 <br /> 1,514 <br /> 1,000 <br /> 500 161 585 210 <br /> 76 <br /> 0 <br /> Less than $50k to $100k to $150k to $200k to $250k to $300k+ <br /> $50k $99.9k $149.9k $199.9k $249.9k $299.9k <br /> Home Value <br /> MAXFIELD RESEARCH INC. 41 <br />