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Converse, IN Real Estate


According to census data in the year 2000 there were 546 housing units in Converse. This represents a 7.9% growth from 506 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 546 were located in what is classified as a rural area.

Homeownership rate in Converse is about 78.6%. Converse's vacancy rate, including seasonal lodging, is about 14.5%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Converse were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.80%
Two Bedrooms25.60%
Three Bedrooms47.30%
Four Bedrooms13.90%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1944
Median Value of occupied units$62,700
Median Price asked for vacant units$153,100

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1966
Median Monthly Rent asked for vacant units$256

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan8.20%
Simple Mortgage50.80%
Debt Free35.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%