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Brazil, IN Real Estate


According to census data in the year 2000 there were 3,793 housing units in Brazil. This represents a 9.4% growth from 3,467 in 1990.

Of those housing units, 3,760 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.

Homeownership rate in Brazil is about 64.8%. Brazil's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Brazil were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.80%
Two Bedrooms40.60%
Three Bedrooms37.70%
Four Bedrooms7.10%
Five Bedrooms or more1.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1947
Median Value of occupied units$59,300
Median Price asked for vacant units$53,800

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1970
Median Monthly Rent asked for vacant units$358

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage2.90%
Home Equity Loan4.30%
Simple Mortgage48.10%
Debt Free44.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%