Elkhart, IN Real Estate
According to census data in the year 2000 there were 21,648 housing units in Elkhart.
This represents a 13.1% growth from 19,147 in 1990.
Of those housing units, 21,630 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.
Homeownership rate in Elkhart is about 53.7%.
Elkhart's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Elkhart were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 18.60% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $78,200 |
| Median Price asked for vacant units | $67,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $500 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 53.60% |
| Debt Free | 28.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
