Indiana Real Estate
According to census data in the year 2000 there were 2,532,319 housing units in Indiana.
This represents a 12.7% from 2,246,046 in 1990.
Of those housing units, 1,826,555 were located in either urbanized areas or urban clusters, and 705,764 were located in what is classified as a rural area.
Homeownership rate in Indiana is about 71.4%.
Indiana's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Indiana were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.3% |
| One Bedroom | 10.6% |
| Two Bedrooms | 28.9% |
| Three Bedrooms | 42.8% |
| Four Bedrooms | 13.8% |
| Five Bedrooms or more | 2.6% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $94,300 |
| Median Price asked for vacant units | $78,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $439 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 8.4% |
| Home Equity Loan | 8.7% |
| Simple Mortgage | 53.5% |
| Debt Free | 29.1% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
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