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Mishawaka, IN Real Estate


According to census data in the year 2000 there were 21,619 housing units in Mishawaka. This represents a 13.6% growth from 19,028 in 1990.

Of those housing units, 21,609 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Mishawaka is about 56.8%. Mishawaka's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Mishawaka were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom18.50%
Two Bedrooms38.40%
Three Bedrooms31.70%
Four Bedrooms8.40%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1954
Median Value of occupied units$77,400
Median Price asked for vacant units$83,400

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1974
Median Monthly Rent asked for vacant units$461

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage9.10%
Home Equity Loan9.10%
Simple Mortgage48.20%
Debt Free32.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%