Galveston, IN Real Estate
According to census data in the year 2000 there were 692 housing units in Galveston.
This represents a 6.6% growth from 649 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 692 were located in what is classified as a rural area.
Homeownership rate in Galveston is about 76.9%.
Galveston's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Galveston were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.50% |
| Two Bedrooms | 21.40% |
| Three Bedrooms | 58.70% |
| Four Bedrooms | 11.80% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $80,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1952 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 49.50% |
| Debt Free | 34% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
