Elberfeld, IN Real Estate
According to census data in the year 2000 there were 270 housing units in Elberfeld.
This represents a 1.5% decline from 274 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 270 were located in what is classified as a rural area.
Homeownership rate in Elberfeld is about 84.2%.
Elberfeld's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Elberfeld were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.90% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $81,900 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 2% |
| Simple Mortgage | 56.80% |
| Debt Free | 37.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.7% |
