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Cromwell, IN Real Estate


According to census data in the year 2000 there were 192 housing units in Cromwell. This represents a 5% decline from 202 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 192 were located in what is classified as a rural area.

Homeownership rate in Cromwell is about 67%. Cromwell's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Cromwell were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13%
Two Bedrooms29.20%
Three Bedrooms43.20%
Four Bedrooms13.50%
Five Bedrooms or more1%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1939
Median Value of occupied units$63,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1984
Median Monthly Rent asked for vacant units$542

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan10.80%
Simple Mortgage58.60%
Debt Free25.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%