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Cannelton, IN Real Estate


According to census data in the year 2000 there were 574 housing units in Cannelton. This represents a 27.7% decline from 794 in 1990.

Of those housing units, 567 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Cannelton is about 64.9%. Cannelton's vacancy rate, including seasonal lodging, is about 12.2%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Cannelton were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom12.20%
Two Bedrooms40.60%
Three Bedrooms37.10%
Four Bedrooms7.10%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1953
Median Value of occupied units$56,600
Median Price asked for vacant units$59,000

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1967
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage4.90%
Home Equity Loan7.10%
Simple Mortgage41.60%
Debt Free44.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%