Indian River Shores, FL Real Estate
According to census data in the year 2000 there were 2,846 housing units in Indian River Shores.
This represents a 24.1% growth from 2,294 in 1990.
Of those housing units, 2,759 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Indian River Shores is about 96.4%.
Indian River Shores's vacancy rate, including seasonal lodging, is about 37.7%.
Average household size is 1.86 people.
The majority of houses, apartments or condos in Indian River Shores were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 1.60% |
| Two Bedrooms | 39.90% |
| Three Bedrooms | 43.20% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $643,100 |
| Median Price asked for vacant units | $464,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.27 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 2% |
| Home Equity Loan | 2.30% |
| Simple Mortgage | 30.80% |
| Debt Free | 63.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
